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Algorand / TetherUS
Short

ALGO | Strong resistance ahead.

By HotbitETF
ALGO bounced back at $0.2863, back to the $0.32 resistance zone, which is also the retracement of Fib’s 0.618. The purple line is the recent downtrend line. We can see that we are still in a bearish trend. It will not be easy for buyers to break out here.

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Trend Analysis
HotbitETF

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