#ALGO is moving inside a symmetrical triangle on the 8H chart. Currently, it is sitting on the Ichimoku cloud support. If it manages to hold the price above the cloud and break out above the triangle, the targets are:
๐ฏ $0.4483
๐ฏ $0.4874
๐ฏ $0.5430
๐ฏ $0.6139
If it loses the Ichimoku cloud, it may retest the support line of the triangle, and in case of losing the support line, the next support level is around $0.2428.