🔮 $ALGO JUST ENTERED A CRITICAL DECISION ZONE
$ALGO is showing a powerful recovery on the 4H chart, with price pushing into the $0.133–$0.142 resistance zone.
🟢 Bullish scenario: A sustained move above $0.142 could open the path toward $0.146–$0.156.
🔴 Bearish scenario: Rejection from this zone and a loss of $0.1269 could bring $0.120–$0.115 back into focus.
The bigger trend remains constructive, but short-term volatility is extremely high. The key question now:
BREAKOUT OR REJECTION? 👀
#ALGO #Algorand #Crypto #TechnicalAnalysis #PriceAction
$ALGO is showing a powerful recovery on the 4H chart, with price pushing into the $0.133–$0.142 resistance zone.
🟢 Bullish scenario: A sustained move above $0.142 could open the path toward $0.146–$0.156.
🔴 Bearish scenario: Rejection from this zone and a loss of $0.1269 could bring $0.120–$0.115 back into focus.
The bigger trend remains constructive, but short-term volatility is extremely high. The key question now:
BREAKOUT OR REJECTION? 👀
#ALGO #Algorand #Crypto #TechnicalAnalysis #PriceAction