VIP MARKET UPDATE: $ALGO ➖➖➖➖➖➖➖ $ALGO is trading around 0.0836 and pressing right down on the long term support trendline that's been holding since the late March lows near 0.080. Price has been grinding lower since the June rejection from 0.140, and this support around 0.0815 has now been tested multiple times through July on the daily chart. Every retest weakens the level, so this hold matters. A bounce here and a reclaim of 0.0870 opens the door back toward 0.0910 and 0.0950 next. A daily close below 0.0815 breaks the structure and exposes 0.0800 and 0.0770 below. ➖➖➖➖➖➖➖ - Binance Killers®
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