🔷 $ALGO Drops to $0.258 — Support Zone Gets Retested

💰 Current Price: $0.2588 (▼ 1.5%)

📉 Range: $0.256 – $0.272

💸 Volume: ~$100M | Market Cap: ~$2.24B

📆 7D: –12% | 30D: +52%

🧠 My Take:

ALGO is back near key support after failing to hold above $0.27. Bulls need to defend the $0.256–$0.258 range or risk deeper pullback. Watch for a bounce toward $0.270+, but breakdown = bearish continuation.

🎯 Target: $0.270 — A clean break above this could shift short-term momentum bullish again and open the path toward $0.285.

🛡️ Support: $0.256 — Losing this level may trigger a slide toward $0.245 or lower, invalidating the recent uptrend.

#ALGO #Algorand #CryptoUpdate #KeyLevels #SupportTest

ALGO

0.0858

-2.94%