$TRUMP The analysis of Algorand (ALGO) indicates that the cryptocurrency is currently in a downtrend and has recently lost support at **$0.1943**. If the price stabilizes below this level, it may continue to decline towards the key support at **$0.1898**.

On the other hand, if ALGO manages to reclaim **$0.1973**, a short-term corrective move towards the resistance at **$0.2030** could occur.

The market is currently under selling pressure, but monitoring trading volume and candlestick patterns could provide clues about potential trend reversals. Are you considering trading or just following the analysis?