Hey trading family, let’s break this one down. Algorand (ALGO) looks ready for a potential move up to $0.26. From there, we could see a correction, but how deep could it go? Here’s what we’re watching:
Scenario 1: A correction could take us back down to levels like $0.21 or even as low as $0.15 – stay sharp!
Scenario 2: If $0.26 doesn’t hold as resistance, we could break higher and run all the way up to $0.42.
This setup is worth watching closely. What’s your move here? Let’s trade smart and adapt to what the market gives us.
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