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$ALGO just gave a clean breakout above the descending trendline and is now holding firm above the key $0.30 level — this is exactly what bulls wanted to see. 📈
Short-term play looks like:
🔹 Some chop / fakeouts
🔹 Potential sweep of the lows
🔹 Then a move higher if momentum holds
As long as price stays above that $0.2927 level on a retest, bulls are still in control. That’s the key zone for continuation.
The real prize? That weak high sitting above $0.34. There’s liquidity up there, and price loves to go hunting for it.
No need to FOMO here — waiting for the retest might give the cleaner entry.
Let’s see how this plays out. Staying patient but definitely watching closely 👀
#ALGO#