Technical analysis by HexaTrades about Symbol ALGO: Buy recommendation (7/27/2025)

ALGOUSDT has consistently followed a bullish pattern on the weekly timeframe. Each major rally has been preceded by a falling wedge breakout, as shown by the three highlighted instances on the chart. - First breakout: ~200%+ move - Second breakout: ~300%+ move - Current breakout projection: Potential target up to +400% The price has just broken above the wedge and is currently retesting the breakout zone. If history repeats itself, ALGO may be poised for a strong upside move from its current levels. Cheers Hexa🧘‍♀️ ALGOUSD ALGOALGOUSDT recently bounced from the lower trendline of the ascending broadening wedge, supported by increasing volume. If ALGO holds above the $0.26 breakout zone, we could see a continuation toward the upper resistance of the wedge