
Algorand's token ALGO has broken above the crucial $0.12 resistance level, indicating a shift from a prolonged bearish trend to a potential bullish phase. Technical signals like a falling wedge breakout and MACD crossover support strengthening momentum. Additionally, ALGO is now directly tradable through Swiss bank PostFinance, expanding institutional access and regulatory-backed adoption. Sustaining price above $0.12 is vital to maintain this upward trend, with targets up to $0.20 and beyond if momentum holds.