Algorand (ALGO) is holding steady near the $0.19–$0.21 demand zone, maintaining a long-term ascending trendline established since mid-2024. Technical indicators suggest a potential rebound as volatility decreases and the Relative Strength Index (RSI) approaches oversold levels. A breakout above $0.21 with increased trading volume could signal further gains. Key support for ALGO is identified at $0.175, while resistance levels are noted at $0.208 and between $0.24 and $0.30. Traders are watching these levels closely for signs of a sustained upward movement.