📊NEUTRAL: $ALGO (4H)
Analysis:
Right now, ALGO is flirting with a crucial support area near its uptrend. This strong demand zone could provide a much-needed boost, potentially driving prices higher. The chart's slow movement hints that the market is trying to lure in new buyers, signaling a possible upward trend soon.
Price Targets:
If ALGO bounces back from its support, look for potential targets at around $0.13 and even $0.15. Should the upward momentum pick up steam, reaching the resistance area might drive prices closer to $0.16. Keep an eye out, this could be a pivotal moment!
