Short Squeeze Alert!
$ALGO Short Liquidation: $53,400 at $0.459
A bullish surge forced shorts to cover at $0.459, signaling renewed buyer strength.
This move could indicate a potential upward breakout if momentum sustains.
Next Steps:
Keep an eye on resistance near $0.470. A clear break above could trigger a rally.
If $ALGO struggles to maintain its pace, support at $0.450 might offer a reentry zone.
Trend followers may ride the wave cautiously, while scalpers should watch volume for quick trades.
Plan your moves wisely in this volatile setup!
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