📊 ALGO Market Analysis – November 3, 2026

A Falling Market Can Create New Opportunities! 🚀

$ALGO is facing selling pressure, but recovery is still possible. Patience and proper risk management are essential.

📉 Support Levels

$0.0902 – $0.0895

$0.0874 – $0.0867

$0.0825

$0.0757

📈 Resistance Levels

$0.0922

$0.0945

$0.0966 – $0.0970

$0.1039

📊 Technical Outlook

Short-term trend remains bearish.

RSI is approaching oversold territory.

Buying volume could support a recovery.

A breakout above $0.0966 may strengthen bullish momentum.

🐂 Bullish Scenario: Holding support could open the way towards $0.0945, $0.0966 and $0.1039.

🐻 Bearish Scenario: Losing $0.0895 could lead to further downside towards $0.0874 and $0.0825.

💡 My View

I still believe in Algorand's technology and long-term potential. Red markets don't last forever.

In Sha Allah, better days will come! ❤️🚀

Are you still bullish on $ALGO?

#ALGO #Algorand #BinanceSquare #CryptoMarket #Altcoins #TechnicalAnalysis