We see a tight trading range, signifying indecision between buyers and sellers. If we see a solid break above the upper yellow line, there could be potential for an upward push, possibly initiating a new bullish phase for ALGO coin. However, the odds seem slim, and we may more likely witness a bounce between the resistance and support zones.
We're on the lookout for a potential breakdown, which would necessitate a confirmed re-test of the resistance turned from the support zone. Such a move would signal a clear shift in market sentiment and a potential move to our liquidity grab zone as well!
We're on the lookout for a potential breakdown, which would necessitate a confirmed re-test of the resistance turned from the support zone. Such a move would signal a clear shift in market sentiment and a potential move to our liquidity grab zone as well!
Trade active:
The price has had a nice movement to lower zones, resulting in a nice 5% market price movement.
The price has had a nice movement to lower zones, resulting in a nice 5% market price movement.
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Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam