According to @CryptoCoinCoach, ALGO is holding macro support while compressing under a descending resistance trendline, as shown in the X post dated Jan 9, 2026 and the linked TradingView chart on tradingview.com. A breakout above the descending resistance favors bullish continuation for ALGO, according to @CryptoCoinCoach and the TradingView chart. If macro support fails, downside risk remains in play for ALGO, according to @CryptoCoinCoach and the TradingView chart. The analyst is watching this key level closely for confirmation, according to @CryptoCoinCoach on X.