Action: Buy $ALGO

TP1: $0.260

TP2: $0.280

SL: $0.220

Trade at your own risk. DYOR.

Analysis:

Algorand ALGO has shown strong bullish momentum with a +16.93% price increase in the last 24 hours and a +51.59% gain over the past week.

The 24-hour trading volume of $346.40M indicates high liquidity and strong market interest.

Given its current breakout above $0.240, the next resistance levels are estimated around $0.260 and $0.280.

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