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Wait, is $ALGO finally waking up?
I’ve been watching this button for weeks and it looks like the sellers are finally exhausted. We just saw a decent green candle break through that annoying $0.088 resistance zone, and the buy volume in the order book is actually starting to stack up.
The 7-day trend is up 11% now, which is a nice change of pace after that long bleed. If we can flip $0.094 into support, we might actually see a run toward $0.10 soon.
Keeping it on the watchlist. It’s not a moon mission yet, but the structure is looking way healthier than it did a month ago.
#GateDerivativesHitsNewHighInFebruary