Technical analysis by JSAL about Symbol ALGO: Buy recommendation (4/6/2025)

ALGO is preppin for a massive shift based on the latest price behavior.After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area.Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon.Ideal seeding area is the current price at 0.180.Spotted at 0.18Mid target at 0.5Long term. 0.50TAYOR. Trade safely.