$ALGO /USDT — 🟢 LONG · Conf 85%

📍 Entry: 0.1336 – 0.1344

🛑 SL: 0.1085
🎯 TP1: 0.1407
✅ TP2: 0.1461
🏆 TP3: 0.1541

Price is trading well above all three MAs (7/25/99) on the 1H after a clean vertical breakout, confirming strong bullish momentum with +15% in 24H volume backing the move.

$ALGO : Algorand is a high-throughput L1 using pure proof-of-stake with ~4s finality; recently focused on RWA tokenization partnerships — but its ecosystem TVL remains thin relative to competing L1s, which is the key execution risk.

If ALGO's RWA push is the actual catalyst here, does it need deeper DeFi liquidity to sustain institutional interest, or is the low-TVL model actually an advantage for compliant tokenization rails?

#ALGO #Algorand #RWA #ProofOfStake #DeFi