$ALGO Price is pushing into a heavy HTF resistance zone, sta
Mike On The Move
Updated at: 4 hours ago
{"content":"$ALGO Price is pushing into a heavy HTF resistance zone, stacked with multi-timeframe order blocks — clear area of sell pressure.
On the 15M, there’s a descending parallel channel, which usually signals bullish continuation, but it still needs confirmation.
Now it’s about reaction at resistance —
either it breaks through, or fades again.
Best shot for a breakout likely comes during low-liquidity periods (weekends) when sell pressure is lighter.
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