🔷 $ALGO Holds Above $0.26 — Eyes $0.30 Resistance
💰 Current Price: $0.2705 (▲ 4.25%)
📉 Range: $0.2500 – $0.2725
💸 Volume: ~$208M | Market Cap: ~$2.36B
📆 7D: +8.3% | 30D: +22.7%
🧠 My Take:
ALGO is consolidating above the $0.26 support level.
A breakout above $0.27 could lead to a test of the $0.30 resistance.
RSI is neutral, indicating potential for upward momentum.
Volume remains steady, supporting the current price action.
Market sentiment is cautiously optimistic.
Monitoring key levels for potential breakout or pullback.
🎯 Target:
• $0.27 – Immediate resistance
• $0.30 – Next key hurdle
• $0.32 – Potential breakout zone
🛡️ Support:
• $0.26 – Immediate support
• $0.24 – Strong support zone
• $0.22 – Major support level
#ALGO #algorand #CryptoUpdate #ResistanceWatch #BullishMomentum