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Save your seatMLGO ran from roughly $3.50 in late March to about $6.07 now as traders kept reacting to its post-split structure and fresh June 2025 company updates.
The stock has the potential to go down if it loses $5.50, with a retrace toward $4.25 to $4.50 possible. Any new dilution, another capital raise, or weak follow-through after the recent company headlines would accelerate the downside.
If MLGO holds the $5.50 to $6.00 area on volume, a squeeze back toward $7.50 to $9.00 is on the table. Resistance at $6.50 is the first hurdle, and the very small float plus still-heavy short positioning can add fuel if buyers press.
We don't currently have information about MicroAlgo Inc.'s earnings.