$ALGO

/USDT Technical Report – 13 July 2025

The ALGO/USDT pair has shown an impressive surge in price over the last 24 hours. The current price stands at $0.2576, reflecting a strong +18.17% gain. This sharp upward movement is a clear sign of bullish momentum and growing trader interest. ALGO is showing signs of a solid comeback, and the market is responding with excitement and increased activity.

In the past 24 hours, ALGO recorded a high of $0.2702 and a low of $0.2139. The price is now trading near the upper end of this range, which signals that buyers are actively driving the price up. The recovery from the low and the push toward resistance levels shows that bulls are taking control and building confidence across the market.

The 24-hour trading volume adds more strength to this outlook. A total of 168.19 million ALGO tokens were traded, with a value of $41.41 million in USDT. This strong volume supports the price action and confirms that many participants are actively involved. When price increases with high volume, it often means that the move is genuine and likely to continue.

The depth chart shows heavy buy interest between $0.2477 and $0.2349, while sell pressure is forming near $0.2702 to $0.2731. If ALGO can break and close above the $0.2731 level, it may trigger a fast rally toward the $0.2850-$0.2950 zone. The current setup is very attractive for momentum traders who are looking for short-term breakout opportunities.

Conclusion:

ALGO/USDT is showing strong bullish energy, with price gains, heavy volume, and rising momentum. If the price breaks above the current resistance, another powerful move may follow. The trend is clearly upward, and traders should prepare for possible quick gains if momentum continues.

Reminder: Always trade with care. Use stop-loss orders, protect profits, and stay updated with market changes. This is a thrilling setup for ALGO, and traders should keep it on their watchlist.