ALGO ready for push to new ATH?

After a quick powerful wick to $3 followed by rejection with major selling pressure ALGORAND is now at crossroads.

• One one side If we manage to push it back up and can close over $3.16 on the daily time frame that would make the case for next targets to $3 and followed to New ATH at $3.5 and over time.
  

On the opposite, If we fail to do so or close even a 4 hour under $1.55 then we will see a quick retrace to $1.25

Comment:

Has closed under $1.55, last chance on $1.25 support.

With those big bad moves Bitcoin has done lately, it clearly is leading the alt market and will show the way...