Markets· ★★· neutral·

ALGO stalls after 26% monthly rally, capped below $0.117 Fibonacci level

  • —ALGO at $0.113: +7.74% in the session, +25.89% monthly, +20.87% weekly
  • —Daily volume of $92.44 million is double the 30-day average
  • —RSI at 65 and %B at 97.8 flag overheating below $0.117 resistance
  • —ALGO remains down 44.33% over the past 52 weeks
Why it matters: The rally runs on speculative volume with no confirmed fundamental catalyst, so a rejection at $0.117 could trigger a pullback to $0.099–0.096.
Source: DiarioBitcoin