Algorand surges 17% in 24 hours, eyeing $0.15 after strong whale buying and bullish signals.

Algorand (ALGO) has risen 17% in the last 24 hours, continuing a four-day bullish rally supported by strong whale accumulation and positive on-chain metrics. The token is currently testing a key supply zone around $0.1133, which could either slow the momentum or, if broken, lead to a push toward the next resistance at $0.15. Derivative data from Binance and other exchanges show increased long positions and open interest, indicating confidence among larger traders. The next price movement depends on how ALGO reacts at the supply zone, with a breakout likely to extend the rally, while failure could lead to consolidation.