Range Trend, Twin Bottom Pattern, and Resistance Levels

The ALGO cryptocurrency has followed an expected range trend by consistently finding support at the $0.10 level. This trend is likely to continue for some time. Additionally, a twin bottom pattern has formed on this support. If the pattern's neck line is broken, we anticipate that the price will increase further, reaching the resistance range between $0.185 and $0.19.

There is a minor resistance at around $0.122, and the price has shown multiple reactions at this level in the past. If buyers have enough strength to break through this resistance, the next target would be the resistance range at the top of the descending channel, specifically around $0.141.

However, in a bearish scenario where there is a negative reaction to this resistance, the support range at $0.092 is significant. We can expect a positive reaction from the price in this range.