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Algorand (ALGO) Breaks Out with Bullish Momentum, Eyes $0.30 and Higher

  • Algorand (ALGO) has broken out of its symmetrical triangle pattern, signaling the end of a consolidation phase and the start of upward momentum.
  • The next key resistance level is crucial, as surpassing it could initiate a significant price discovery phase.
  • Algorand is currently trading at $0.1906 with positive momentum and an uptick in the overall market.
  • The $0.30 resistance level is the target for the ongoing rally, with the potential for higher highs if momentum continues.

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