ALGOUSDTALGOUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.0880 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
Algosdt
ALGO taking off 2Guys, it's pumpseason and I would say that the  Algorand  is going to have another  pump soon ! 🛫
Once  ALGO  gets above the upper boundary of this triangle, I think there will be chance for run to 2.41 and even more. Just bought now @ 1.478
 
 SL : local low
 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL)
 RRR : 7.6
 INVALIDATION : when SL level hit
 
Like & Enjoy!

