🔵 $ALGO Dips to $0.236 — Key Support Under Pressure

💰 Current Price: ~$0.236 (▼ 3.3%)

📉 Day Range: $0.231 – $0.246

📊 Volume: ~$130M+ | Market Cap: ~$2.05B

📆 7D: –7% | 30D: +41% | YTD: +75–93%

🧠 My Take:

ALGO is testing its $0.236–$0.238 pivot zone, a critical support from prior consolidation. If bulls defend this range, we could see a move back toward $0.27–$0.28. But losing this level risks a slide to $0.21 or even $0.15 in a deeper retrace.

🎯 Target: $0.273–$0.2816 on recovery

🛡️ Support: $0.236 (pivot), $0.21 (weekly), $0.15 (macro)

#ALGO #Algorand #CryptoUpdate #SupportTest #AltcoinAnalysis