$ALGO 🚀 Update: Algorand Surges Past $0.20 with Strong Bullish Momentum!

The ALGO/USDT pair is showing powerful momentum, currently trading at $0.2011 on Binance after a solid +10.67% surge in the last 24 hours . The rally saw ALGO hit a daily high of $0.2070, significantly outperforming the broader market .

📈 What's Driving the Rally?

The technical outlook is strongly bullish. Key indicators like the RSI at 62.412 and a "Strong Buy" signal from technical indicators suggest the momentum could continue . The buying pressure is evident, with the last 24 hours showing 56% of volume from buyers, indicating strong accumulation interest .

💬 Your Move, Traders

The breakout is here, and the technicals are solid.

Are you buying this strength for a run at the $0.225 resistance, or taking profits here?

Reply with your next price target! 

Trade responsibly! 🚀