ALGO is trading around the mid-range, with S1 (50.37%) acting as immediate support. A deeper pullback may target S2 (34.77%) and S3 (-4.24%) if selling pressure increases. On the upside, R1 (63.08%) and R2 (70.58%) are the key resistance zones to watch. A confirmed breakout above R1 could strengthen bullish momentum toward R2, while a breakdown below S1 may expose the price to further downside. Monitoring volume and candle confirmations is recommended before entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.