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Algorand (ALGO) Price Analysis: Is a Break Below $0.18 Coming Next?
- ALGO is trading at $0.1888, down 0.86% in the past 24 hours, with continued selling pressure
- Price remains below the 9-period DEMA and Bollinger Band midline, showing bearish momentum
- Resistance at $0.2029 and $0.2040 continues to cap any rebound attempts
- Support lies at $0.1800 and $0.1773, with risk of further decline toward $0.1600
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