ALGO is currently in a rather embarrassing position and has been trading sideways for two days. It is expected that it will choose a direction today. During the day, first focus on the key pressure level of 0.17 at the top. If it stands firm, the bulls will establish and focus on the previous low of 0.157 at the bottom. If the level is broken, it will dive again with a range of about 0.157. Around 10%. Judging from the current trend, there are signs of rebound in the short term, but I personally think it would be best if it can be supported near 0.157 to form a double bottom. Therefore, it is better to wait for the trend to become clear before making a decision. The board changes at any time, and the strategy will also change accordingly. Iron fans are the first to unlock the entry and exit password.
