According to Cas Abbé on Twitter, ALGO is nearing a weekly MACD bullish cross for the first time since September 2024, signaling a potential trend reversal (source: @cas_abbe, May 6, 2025). The relative strength index (RSI) has recently retested a strong support level, suggesting that a market bottom may be in place. Traders are watching for a weekly close above $0.25, which could validate a bullish breakout and potentially lead to a repeat of the Q4 2024 rally. This technical setup is drawing significant attention from crypto traders seeking high-probability entries and could impact broader sentiment in altcoin markets.