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Technical analysis by coin_mastermind about Symbol ALGO on 7/31/2025

https://sahmeto.com/message/3674072
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coin_mastermind
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🚨 ALGO is compressing across the charts, and it's reaching a major inflection point. 📉 2H: Navigating inside a descending channel, with lower highs pressing down 📆 Daily: Price is hovering at a historically strong support zone 📅 Weekly: Still holding within a broader ascending channel Buyers are defending key ground, but pressure is mounting. A bounce here could spark a quick reversal 🔼 — failure to hold might accelerate downside momentum 🔽 These multi-timeframe squeezes don’t stay quiet for long. 👀 Which way are you leaning — bounce incoming or support breakdown? Not financial advice.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$0.26292
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