$ALGO has recently experienced weak price action with short-term declines and volatility driven by broader crypto market sell-offs. Recent news reports price down ~5% in a 24-hour window and bearish weekly trends. �

AInvest

Price remains below many key resistance levels, suggesting the market is still in a recovery or consolidation phase rather than a confirmed uptrend.

📊 Technical Outlook

Analysts identify oversold conditions on RSI and some bullish MACD divergences, pointing to potential technical recovery upwards if buyers re-enter. Short-term forecasts target $0.14–$0.19 ranges if resistance levels are broken.#Mag7Earnings #SouthKoreaSeizedBTCLoss #ClawdbotTakesSiliconValley #GrayscaleBNBETFFiling .

ALGOUSDT

Perp

0.0906

+1.34%