$ALGO ALGO is retesting a major long-term support zone around *$0.080 – $0.083* inside a broader descending structure.
If this support holds and price manages to break above the descending resistance, the upside levels to watch are *$0.105*, then *$0.145*, *$0.24*, and *$0.335*. The *$0.615* level on the chart is just the longer-term bullish projection — not a guaranteed target.
As always, wait for confirmation and keep y
our risk management tight.
NFA – This is not financial advice.
#Algorand #ALGO
If this support holds and price manages to break above the descending resistance, the upside levels to watch are *$0.105*, then *$0.145*, *$0.24*, and *$0.335*. The *$0.615* level on the chart is just the longer-term bullish projection — not a guaranteed target.
As always, wait for confirmation and keep y
our risk management tight.
NFA – This is not financial advice.
#Algorand #ALGO