$ALGO /USDT MARKET UPDATE
Algorand is trading at 0.1143 USDT, slightly down -0.70%, after a sharp intraday recovery. Price bounced strongly from the 0.1125 low and pushed up to 0.1152, showing clear buyer interest at support.
Key Levels
Support: 0.1125 – 0.1130
Resistance: 0.1150 – 0.1155
Market Structure After a strong sell-off, ALGO formed a higher low and reclaimed short-term moving averages on the 15m chart, signaling short-term bullish momentum. The recent pullback looks like healthy consolidation after the breakout.
Volume 24h Volume: 12.19M ALGO / 1.39M USDT, confirming active participation.
If price holds above 0.1135, another attempt toward 0.116+ is likely. A break below 0.1125 would weaken the recovery structure.
Trend is shifting, volatility is building, and ALGO is back on traders’ radar.
#WriteToEarnUpgrade #CPIWatch #TrumpTariffs #USNonFarmPayrollReport #BinanceAlphaAlert