đą $ALGO â BREAKOUT WATCH đđ„
$ALGO is holding horizontal support and testing a former trendline that now acts as resistance.
đŻ Target 1: $0.14
đŻ Target 2: $0.16
đ A clean breakout and reclaim, followed by a successful retest, could strengthen bullish momentum.
â ïž Invalidation: Rejection back below horizontal support weakens the setup. Wait for confirmation before entering.
#ALGO #Algorand #BreakoutWatch
$ALGO is holding horizontal support and testing a former trendline that now acts as resistance.
đŻ Target 1: $0.14
đŻ Target 2: $0.16
đ A clean breakout and reclaim, followed by a successful retest, could strengthen bullish momentum.
â ïž Invalidation: Rejection back below horizontal support weakens the setup. Wait for confirmation before entering.
#ALGO #Algorand #BreakoutWatch