Here’s a concise technical breakdown for $ALGO /USDT based on your latest data:

ALGO/USDT Snapshot

Current Price: $0.2186

Daily Change: -6.46%

24h Range:

High: $0.2355

Low: $0.2125

24h Volume:

ALGO: 40.28M

USDT: $8.99M

MA60: $0.2191 (price is just below it)

Technical Analysis

Outlook

Short-Term Bias: Bearish while below $0.2200–$0.2220.

Recovery Signal: Needs to reclaim above MA60 and $0.222 to shift bullish.

Breakdown Risk: Below $0.2125 could open a test toward $0.205 or lower.

Would you like a short-term trading plan (entry, stop, targets) or a comparison with similar Layer 1 tokens?

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