ALGO is showing interesting technical setup on the 3D chart right now. The price is testing the lower support zone of a descending triangle pattern, and there's potential for a meaningful rebound from this level.

If the bounce plays out as expected, we could be looking at a multi-tier rally. The first target zones sit around $0.146 and $0.200—these are key resistance areas to watch. Push through those, and the next swing targets come in at $0.320, with an extended bull case potentially targeting $0.500 in a stronger conviction breakout.

The pattern setup suggests decent risk-reward here, though like any technical play, confirmation matters. Watch for volume confirmation on the bounce—that's usually the tell whether this holds or just another failed attempt. Traders keeping a close eye on Algorand's daily closes will have a pretty clear picture soon enough.