Hello✌️
Let’s analyze Algorand’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Algorand leads RWA tokenization with ~70% share ($268M TVL) and 10K TPS, outpacing Ethereum. Tether (USDT) will exit by Sept 1, 2025 (-$842K liquidity), but RWA growth and rising USDC supply (+137% in Q1 2025) could offset the impact.
📊Technical analysis:
ALGOUSDT trades inside a descending channel but could break upward 📈💎 if support holds, potentially gaining 20% toward the key daily resistance at 0.285.
📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡
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