$ALGO is trading quietly near $0.12 inside a large weekly falling wedge.
A local W bottom has formed and RSI is rising around 57.
The chart suggests a potential breakout before the end of 2026.
The long bias only kicks in after a clean weekly close above the wedge.
The marked upside path near $5.91 exists only if that break holds. Invalidation is a loss of the local W bottom.
Confidence is listed at 64%.
A local W bottom has formed and RSI is rising around 57.
The chart suggests a potential breakout before the end of 2026.
The long bias only kicks in after a clean weekly close above the wedge.
The marked upside path near $5.91 exists only if that break holds. Invalidation is a loss of the local W bottom.
Confidence is listed at 64%.