🔷 $ALGO Hovers at $0.257 — Bounce Incoming or Breakdown Ahead?

💰 Current Price: ~$0.2570 (▼ 0.6%)

📉 Range: $0.2426 – $0.2622

💸 Volume: ~$100M | Market Cap: ~$2.23B

📆 Weekly: –5% | 30D: +40%

🧠 My Take:

ALGO sits on the key $0.256–$0.26 pivot level. Holding here is essential—failure puts bears in control. A bounce above $0.29 might kick-start a move back toward $0.31, while a fall through could open a slide to $0.21–$0.15.

🎯 Target: $0.285–$0.31 (with confirmation above $0.29)

🛡️ Support: $0.256–$0.260 (pivot), with downside softer zones at $0.21 and $0.15

#ALGO #Algorand #CryptoUpdate #PivotZone #SupportTest