$ALGO /USDT Technical Analysis — 14 July 2025

Current Price: $0.3069 24h Change: +38.87%

24h High / Low: $0.3100 / $0.2199

24h Volume:

ALGO: 289.28M

USDT: 75.33M

Latest Price: $0.3069 (hovering just below daily high)

Technical Overview (Multi-Timeframe)

Timeframe Trend RSI Momentum

15m Bullish ~63 Mild cooling after spike

1h Strong Bullish ~70 Holding gains well

4h Bullish Breakout ~74 Trending strongly above key MA

1D Bullish Reversal ~68 Broke out of long-term downtrend

Key Technical Levels

Resistance:

$0.3100 – Local high and resistance ceiling

$0.3200 – Next upside target if breakout continues

$0.3400 – Strong historical resistance

Support:

$0.3000 – Minor support (round level + intraday pivot)

$0.2800 – Consolidation base before pump

$0.2600 – Strong structural support

Analysis Summary

ALGO/USDT has erupted with nearly +39% gains, confirming a bullish reversal from its recent sideways consolidation range.

Broke resistance near $0.260–0.280 cleanly with a large volume spike.

Now consolidating just under the $0.3100 mark, which is short-term resistance.

Price action is healthy and supported by volume, not just speculation.

Indicators suggest some cooldown might be needed, but trend remains intact as long as $0.280 holds.

Trading Strategy Ideas

Short-Term (Scalp/Intraday):

Buy Zone: $0.295–$0.300 (pullback area)

Target: $0.310 > $0.320

Stop-loss: Below $0.280 (tight risk management)

Swing Trade (1–3 Days):

Buy-on-Dip Strategy: If support at $0.280 holds, look for continuation to $0.340–$0.350

Breakout Entry: If price closes above $0.310 with strong volume, next leg up likely.

Conclusion

ALGO is showing early signs of a trend reversal, backed by strong market participation. As long as bulls defend the $0.280–0.300 zone, momentum remains in their favor.

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Candlestick analysis

Fibonacci targets

On-chain metrics for ALGO

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