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Algo - Pivotal Moment

ALGOUSDT Perpetual Swap Contract (OKX:ALGOUSDT.P)  
crypto_angelz  
OKX:ALGOUSDT.P   ALGOUSDT Perpetual Swap Contract
Chart Patterns algo ALGOUSDT trading pennantbreakout pennantbreakdown
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chartpattern algo algousdt trading pennantbreakout pennantbreakdown
Algo has been forming a bullish pennant structure on the 4H time frame.

Depending on how it breaks the structure, we might see strong price action.

Right now it seems to be breaking the bullish trendline on the downside.

Remain cautious and operate with tight stop loss

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