$ALGO /USDT Market Analysis
Current Price: $0.2263 (-2.96% in 24h)
24h High: $0.2360
24h Low: $0.2260
24h Volume:
ALGO: 32.96M
USDT: 7.64M
The price of ALGO is currently near the 24h low, showing signs of short-term selling pressure. However, this zone around $0.2260–$0.2230 might act as a support level if the market holds.
Traders should keep an eye on the resistance near $0.2360. A breakout above that level could signal a short-term bullish reversal.
Volume remains steady, indicating continued interest in this pair. For now, it's a good moment to observe the market or consider entries with proper risk management.
Watch levels:
Support: $0.2230 / $0.2187
Resistance: $0.2360 / $0.2371
