ALGO is currently doing its best impression of a tired marathon runner, struggling to find a second wind after that rejection at 0.1213. We’re sitting right on the MA99 support, which is the only thing keeping the chart from looking like a total crime scene. Volume has essentially gone out for milk and hasn't come back, and with the MA25 sloping down like a slide, the momentum is leaning heavily toward the bears. Unless we see a sudden surge of adrenaline to reclaim 0.1160, this thing is just ranging in a "please don't liquidate me" zone.
Tip: Avoid for now.
Buying this breakout before it actually happens is just a fancy way of volunteering for a stress test.
ALGO
0.1112
+0.63%
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