Algorand shows signs of recovery as key support holds and MACD signals buying strength.

Algorand (ALGO) is attempting a rebound after trading near its all-time low, supported by bullish chart patterns like the Symmetrical Triangle and Cup-and-Handle. Key support between $0.092 and $0.088 is crucial; holding this zone could lead to a recovery, while a drop below $0.088 risks further decline. Technical indicators such as a MACD golden cross suggest strengthening buying momentum, but the Relative Strength Index remains neutral, indicating balanced momentum. Whale activity and defense of support levels will be critical for sustaining any upward move.