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ALGOUSDT

ALGO Technical Analysis!ALGO Update: ALGO has been in a downtrend since last year and has yet to break above it. Currently, the price is near the initial support level at $0.15, with no strong bullish signs so far. If this support fails to hold, we could see ALGO move down toward the lower support at $0.108. On the brighter side, if ALGO shows a rebound, we can expect another attempt to break above the $0.25 resistance level. A long position may be considered if there are clear signs of a rebound from the initial support. Trade carefully, and always do your own research and analysis. Regards, Dexter
by Dexter_The_Trader
TradeCityPro | ALGO: Bearish Pressure Builds Near Key Support👋 Welcome to TradeCity Pro! In this analysis, I’m going to review the ALGO coin for you. The Algorand project is one of the Layer 1 and RWA projects. ⚡️ The coin, with the ticker ALGO, currently holds a market cap of $1.63 billion and ranks 53rd on CoinMarketCap. ⏳ 4-Hour Timeframe As you can see in the 4-hour timeframe, after the price reached the 0.2505 resistance level, a bearish phase began, and with the breakdown of the 0.2123 level, the first bearish leg extended down to 0.1912. ✔️ After this drop, the price retraced up to the 0.382 Fibonacci level and now has returned to the 0.1912 zone. Given the strong bearish momentum in the market, the probability of breaking this level is quite high. ✨ If 0.1912 is broken, the extension wave could begin. According to Fibonacci projections, the targets for this position are 0.1780, 0.1732, and 0.1602. 💥 An entry of RSI into the Oversold zone would serve as a very strong momentum confirmation for this position. If that happens, the price may reach the 0.1602 target. 📊 Volume also plays a key role. Currently, the selling volume isn’t very strong, which might result in a fake breakout of 0.1912. I suggest waiting to see whether sell volume increases, because without volume, price movement is unlikely. 📈 For a long position, the first trigger we currently have is the 0.2023 level, which is a significant high and overlaps with the 0.382 Fibonacci retracement level. Breaking this level could resume the long-term bullish trend. 💫 The momentum confirmation for a long position would be the RSI breaking above the 50 level. A breakout here could kick off a bullish trend in the higher timeframes. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
3
ALGOUSDT making its way for journey towards 0.35$Here is the idea about ALGOUSDT. The price is currently trading at daily support DS1. The price was rejected from weekly resistance WR1 before coming back to daily support zone DS1. I believe this daily support is very likely to provide support and make the price bounce from here. The likely trajectory of the price is depicted in the chart. The price is likely to aim for weekly resistance WR1 next on this bounce. At WR1, the price is likely to face some pullback before ripping this resistance and target the next strong resistance which is quarterly resistance 3MR1. Lets monitor this one as we go and adjust our expectations. But for now this is what I see as the likely path for ALGOUSDT. Whats your thought?
Long
by angela_altair
Algorand 5X Lev. Full PREMIUM Trade-Numbers (PP: 1500%)This is an unusual pair for us to approach with leverage, the last time we opened a LONG on ALGOUSDT was in August 2023. Market conditions are different today. Back then, prices were trading at the bottom before the recovery, so we were predicting the trend reversal and bullish breakout. Today, the bottom pattern is already in, a rounded bottom coupled with a long-term higher low (April 2025 vs August 2024). So we are only predicting a continuation. Needless to say, I believe the bulls have the upper-hand. The action right now is happening above the 3-Feb. low, and after more than a month of rising prices there is still no rising volume, which means that there is plenty of room available for growth. We are doing an easy wave, easy targets. The final wave can go much higher than what is shown on this chart. Since we are not greedy, we are happy with 465% and 1,500%. The 1,500% is a mild target and high probability. The rest is up to you. Thank you for reading. Full trade-numbers below: _____ LONG ALGOUSDT Lev: 5X Entry levels: 1) $0.2355 2) $0.2200 3) $0.2000 Targets: 1) $0.2564 2) $0.3247 3) $0.3800 4) $0.4352 5) $0.5138 6) $0.6139 7) $0.7243 8) $0.7926 9) $0.9031 Stop-loss: Close weekly below $0.1900 Potential profits: 1502% Capital allocation: 3% _____ Namaste.
Long
by MasterAnanda
1
How To Spot The Next Big Algorand Crypto Move!In the fast-paced world of crypto trading, many traders gravitate toward intraday and scalping strategies, chasing quick profits while often ignoring the powerful signals presented by higher timeframes. Yet, the smart money — institutional players, whales, and seasoned swing traders — operate differently. They focus on bigger timeframe supply and demand imbalances to enter high-probability trades with calculated risk and substantial reward potential. One such opportunity is currently setting up in Algorand ( BINANCE:ALGOUSDT ). Why Higher Timeframes Matter in Crypto Trading Most crypto traders operate on the 1-minute to 15-minute charts. While this can be effective, especially with crypto intraday strategies, it often leads to overtrading and emotional decision-making. In contrast, higher timeframes — such as the daily and weekly charts — provide clearer market structure, show major supply and demand imbalances, and are less noisy. These timeframes reveal where whales and institutions place large orders, creating impulsive moves that leave behind clues for patient traders. Ignoring these clues is akin to trading blind. The Weekly Demand Imbalance on BINANCE:ALGOUSDT BINANCE:ALGOUSDT is currently showcasing a textbook example of a solid and strong weekly demand imbalance around the $0.1380 level. A few months ago, this zone sparked a massive bullish impulse — a series of consecutive large-bodied white candlesticks that broke through resistance with conviction. Such moves don’t happen randomly. They’re often the result of institutional accumulation — smart money stepping in with size. These large players create imbalances where demand far outweighs supply, causing prices to rally aggressively. The key for retail traders is to identify the origin of these moves and wait patiently for the price to return.
Long
by AlfonsoMoreno
ALGOUSDT Short Scalping Opportunity – 4H Chart AnalysisThe ALGOUSDT pair is presenting a promising short-term setup for scalpers favoring a bearish outlook. After a short-lived bullish push, the price has failed to break above a critical resistance zone and now shows signs of weakness on the 4-hour chart. The market structure remains fragile, with recent candles rejecting higher levels around $0.2314, indicating that sellers are regaining control. This resistance was previously a support zone, and the price is now struggling to reclaim it, suggesting a potential reversal point ideal for a short scalp setup. Key Technical Zones The most recent rejection confirms the $0.2314 level as a strong supply area. This price acted as support in early May but flipped into resistance after the sell-off on May 16. The zone has been tested again and rejected, further validating it as a solid barrier. Meanwhile, two demand zones sit below the current price, offering logical targets for the upcoming move. • Entry (Short): $0.2221 – $0.2223 This is the mid-range zone where the current rejection pattern is unfolding, and it aligns well with the last lower high. • Stop Loss: $0.2314 Placed above the key resistance. If price breaks and holds above this level, the trade idea becomes invalid. • Take Profit 1: $0.2105 This is the nearest recent support on the 4H timeframe and a reasonable level for short-term profit-taking. • Take Profit 2: $0.1908 The second support zone sits lower, offering a more extended reward for traders holding longer or managing partial exits. Price Action and Trend Behavior The market has been forming a series of lower highs since May 12. The most recent bounce into resistance was weak, failing to establish new momentum. This confirms the idea that the bulls are running out of steam and sets up the conditions for a bearish continuation. Volume and momentum indicators have also shown divergence from price, hinting at reduced buying pressure. Price is currently hovering just below the resistance, a typical behavior before a breakdown. Risk and Reward This setup provides a good risk-to-reward ratio: • Risking approximately 91 pips from entry to stop loss • Potential gain of 118 pips to TP1 and 215 pips to TP2 • RR ratio ranges from 1.29 (TP1) to 2.36 (TP2) These figures make the trade suitable for scalpers looking for quick moves as well as short-term swing traders who can hold for deeper downside targets. Trade Outlook This short scalp aligns with the broader bearish sentiment forming in the altcoin space. ALGO is currently in a retracement phase and is reacting to resistance cleanly on the lower timeframes. If the pair remains below $0.2314, we could see increased selling pressure over the next few sessions. Short-term traders may consider taking partial profits at TP1 and move the stop to breakeven if price reaches $0.2150 to lock in gains. Should the price fail to break below $0.2105, it may consolidate or retest resistance, in which case patience and discipline are key.
Short
by SupertradeOfficial
TradeCityPro | ALGO: Key Levels in RWA Coin’s Bullish Revival👋 Welcome to TradeCity Pro! In this analysis, I’m going to review the ALGO coin for you. This project is one of the RWA (Real World Assets) crypto initiatives, which saw significant growth during the recent hype around this category. 💫 Currently, the market cap of this project stands at $1.99 billion, placing it at rank 47 on CoinMarketCap among crypto projects. 📅 Daily Timeframe As you can see in the daily timeframe, ALGO has had a notable bullish leg that started from the 0.1085 level and continued up to 0.5138, marking a significant upward move. 💥 However, after reaching that level, the first corrective phase took place down to the 0.3267 support. After breaking this zone, the price continued falling to the 0.1602 support, which also overlaps with the 0.786 Fibonacci level. 🔍 After finding support there, a new high formed at 0.2147, and thanks to the strong buying volume and bullish candles, this resistance has been broken, and price is now heading upward. 📊 The RSI oscillator is currently very close to the Overbought zone, and if it enters that area, we might see some high-volatility moves, increasing the likelihood of sharp bullish candles. 📈 The next resistance levels above are 0.2553 and 0.3267, which align with the 0.5 and 0.382 Fibonacci levels respectively. If price can break through these levels and return to 0.5138, the chances of breaking that top will be significantly higher this time. ✨ On the other hand, if this breakout turns out to be a fake move and price falls below 0.2147, heavy bearish momentum could enter the market, greatly increasing the risk of breaking the 0.1602 level. 🎲 If the market continues to drop, the next major support to watch is 0.1085, which stands as the most critical support for ALGO. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
3
ALGO/USDT Technical Analysis Deep Dive! Let’s break down this ALGOUSDT chart step-by-step — it’s a perfect example of trading patterns in action! 🏄‍♂️ Timeline (Aug 2024 - April 2025): ▸ Accumulation (Aug - Nov 2024): ALGO consolidates between $0.1050 and $0.1450, showing low volatility. This is a classic accumulation phase where buyers are quietly building positions. ▸ Breakout & Uptrend (Nov - Dec 2024): Boom! The price breaks above $0.1300 with strong momentum, climbing to $0.6100. ▸ Pause in a Symmetrical Triangle (Dec 2024 - Jan 2025): After the surge, ALGO takes a breather, forming a Descending Triangle (a neutral pattern). This signals market indecision — traders are waiting for the next big move. ▸ Breakout & Downtrend (Jan - Mar 2025): The price breaks below the triangle, dropping to $0.1480. This aligns with a "Descending Wedge" (reversal) from the cheat sheet , confirming the downtrend and reversal structure of the Wedge. ▸ Consolidation (Mar - Apr 2025): ALGO stabilizes between $0.1400 and $0.1600, setting the stage for the next move. ▸ Breakout & Uptrend (Apr - April 2025): Another breakout! The price surges above $0.1600, reaching $0.2200 again. It might reach higher levels like $0.2400 and $0.3000 in next weeks. This chart shows how patterns like Descending Triangles, and Wedges can guide your trades. Spotting these using my Trading Patterns Cheat Sheet can help you time your entries and exits like a pro! ✉️ What’s your next move on ALGO? Are you buying the dip, waiting for confirmation, or taking profits? Drop your thoughts below — I’d love to hear your strategy!
by ArShevelev
Algorand NLP & Higher High & 619% Profits PotentialThis is a very nice chart. Algorand is solid strong on the weekly timeframe (long-term). There are two main signals; Long-term growth in the form of a rising channel, higher highs and higher lows. Short-term bullish based on a recovery. Notice the "magic blue line" I drew on the chart. This is a bottom signal. You can draw an inverted head and shoulder here or a v shaped bottom. This week strong move seals the deal. A massive higher low compared to early August 2024. Ok. How are you doing today my friend in the law? I hope you are having a wonderful day. You see... Hear me out; listen! Can you feel me? Do you understand? Do you grasp what I am trying to share with you? Can you see what I am doing? These are all different representational systems, people use difference senses to understand reality. Some are primarily visual, others auditory, kinesthetic, digital, etc. So, you are likely the feeling type, then, can you grasp what I am trying to say? Are we on the same wavelength? Does it resonate with you? Yes? Then Algorand is bullish and going up. Why? Because the chart says so. Because that is exactly what is doing and that is exactly what it will continue to do long-term. The main low happened in August 2023 and we have the higher lows without question, a higher high comes next. For your convenience, I mapped this chart with the main target for this bullish wave. It can go higher. Namaste.
Long
by MasterAnanda
Short ALGO/USDT🔥 #ALGO/USDT 🔴 SHORT 🎲 Entry Zone 1: 0.1870 🎲 Entry Zone 2: 0.1890 ✅ Take Profit 1: 0.1838 ✅ Take Profit 2: 0.1775 ✅ Take Profit 3: 0.1667 ✅ Take Profit 4: 0.1551 (Extended if Momentum Persists) ❌ Stop Loss: Above 0.1985 💱 Recommended Margin: 2.5% – 5% 🧳 Recommended Leverage: 5X – 15X 🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs. 📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets. ⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength. ⚠️ Take Care of Risk Management for Your Account
Short
by CryptoSheykh
2
ALGO at Golden Buy Zone | Low-Risk, High-Reward Setup (1D)The higher timeframe structure of ALGO on the weekly chart is still bullish, but on the daily and hourly timeframes, the structure is bearish. That’s why we expect major players to enter ALGO at key support zones. Currently, it is consuming orders within the demand zone, and it is expected to eventually reach the POI and then move toward the targets. If strong buyers step in, the price could reach the red box. A daily candle closing below the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
ALGO, preppin for a MASSIVE ASCEND this Q2 2025 from 0.18ALGO is preppin for a massive shift based on the latest price behavior. After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area. Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon. Ideal seeding area is the current price at 0.180. Spotted at 0.18 Mid target at 0.5 Long term. 0.50 TAYOR. Trade safely.
Long
by JSAL
ALGO Ready to Break Out—or Fake Out? Watch This Critical ZoneYello, Paradisers! have you been watching #ALGOUSD’s recent moves closely—or are you about to miss the bounce that could catch 90% of traders off guard? 💎After topping out in December 2024, ALGO entered a clear corrective phase. That correction just completed an ABC zigzag pattern right into a strong support region, slightly above its key weekly level—a zone where buyers historically step in. 💎#ALGOUSDT is showing clear bullish reactions between the 0.165–0.145 levels. More importantly, a complex bullish divergence is forming—on both RSI and MACD. This is your first warning sign that the bears are losing steam and bulls are ready to step back into control. 💎On the upside price must break and hold above the moderate resistance zone at 0.22 level. A successful reclaim here would not only validate the divergence but also represent a deviation reclaim, where price recovers a previously broken support level. 💎If this reclaim is successful and supported by volume, the next key zone to monitor is between 0.25 and 0.275. This region carries particular significance, as it aligns with both the descending trendline resistance and the 25% Fibonacci retracement. It is a critical level that will likely determine whether the current bounce evolves into a sustained bullish leg. 💎Should buyers maintain momentum beyond that point, the next upside target lies between 0.365 to 0.380 levels. Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
COINBASE:ALGOUSDLong
by MyCryptoParadise
1
ALGO in coming days ...The pattern has broken, and now I expect the price to rise to $0.23 . Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
4
ALGOUSDT Facing a Major Reversal? Bears Ready to Take Over!Yello, Paradisers! Is ALGOUSDT about to take a sharp dive? The price is currently hovering around a key supply zone, struggling to push higher. With buyers failing to break through, the risk of a strong bearish rejection is increasing, signaling a potential short opportunity. 💎The market structure has shown a clear Change of Character (CHoCH), suggesting a shift from an uptrend to a potential downtrend. Price remains below the 50 EMA, reinforcing the bearish momentum. If sellers step in with force, the downside move could accelerate quickly. 💎Key downside targets are forming around 0.2188 and 0.1663, where the next major support zones lie. If the bearish scenario plays out, these levels could be reached sooner than expected. Any failure to reclaim higher levels will only strengthen the case for further declines. This is where patience and discipline pay off. Market traps are everywhere, and only those who stay focused and trade smart will come out on top. Be ready for the move, Paradisers! MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
3
Will ALGORAND'S 'anti Trump' management team kill the project?ALGORAND has some serious potential in regard to its technology and its use case, but it’s well known that the people behind ALGO are publicly—and unfortunately loudly—against Trump and his agenda to 'Make America Great Again' and to make 'America the crypto capital of the world.' I like ALGORAND's project and technology, but I also think that the management's inability to keep their political opinions to themselves, and instead focus on their business model, could end up working against ALGO over the next four years. I think it’s not only a bad idea to take a public political stance as they have when you have a business to run, but their poor judgment could severely hurt ALGO investors over the course of the current administration. But, let’s hope that isn’t the case. Good luck, and always use a stop loss!
CRYPTO:ALGOUSDLong
by MetaShackle
3