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ALGO is 27 bars into an uptrend, coiling inside a rising channel under a weekly downtrend. The coil is on thin volume. A close above $0.09616 or below $0.09270 decides it.

ALGO-USD · 4H · read on 2026-09-04 · Still forming.

What the read found

Trend: a series of higher highs and higher lows over the window, 4 steps across 27 bars, still intact
Formation: rising channel — Still forming.
Decides above: $0.09616 (the rising channel)
Decides below: $0.09270 (the rising channel)
Resistance: $0.09499
Level history: The last ten times price reached $0.09499 it held every time, bouncing 5.8% on average.

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Every figure on this page was computed from the real candles up to 2026-09-04. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns