ALGO/USDT – Last 4 Hours Update
In the past four hours, Algorand (ALGO) has traded around $0.181–$0.182, showing subdued movement after a slight dip from early pushing toward $0.184 . Price tested support near $0.180, bounced modestly, and remains within a tight range.
Currently, ALGO is holding just above its 20 EMA, suggesting neutral-to-mild bullish tone. RSI is in neutral territory, indicating neither strong buying nor selling momentum.
A decisive breakout above $0.184 could trigger a move toward $0.190. On the flip side, a break below $0.180 risks a drop to the $0.175–$0.172 area.
🔸 Support: $0.180 / $0.175
🔸 Resistance: $0.184 / $0.190
🔸 Trend: Sideways / Range-bound
Patience is key—wait for a clear breakout before entering.