ALGO surely looking for a leg up

Once the 1.3 zone was a resistance for ALGO, and it took quite some time to break out of that region.

The same point is now the strongest support line, and there's no way ALGO can go below this level.
So the only outcome i guess is a pretty good bounceback from this position.
Chart PatternslongsetupTrend Analysis
guscryptosignals

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