⚫ $ALGO : The next chapter begins at $0.1011
$ALGO retreats toward $0.1011. This is the level I’m watching.
If we hold this level as support, the upward path will remain intact, with price first reaching $0.1262, then $0.1447 if buyers can maintain the breakout.
If $0.1011 is lost at today’s close and you can’t reclaim it, then $0.0925 will be the next level to test. If the price drops below that, then $0.0796 will be the deeper support level.
Today’s candle is still open. The reaction here is more important than the first bounce.
Nothing is guaranteed. Do your own research.
$ALGO retreats toward $0.1011. This is the level I’m watching.
If we hold this level as support, the upward path will remain intact, with price first reaching $0.1262, then $0.1447 if buyers can maintain the breakout.
If $0.1011 is lost at today’s close and you can’t reclaim it, then $0.0925 will be the next level to test. If the price drops below that, then $0.0796 will be the deeper support level.
Today’s candle is still open. The reaction here is more important than the first bounce.
Nothing is guaranteed. Do your own research.
