Technical analysis by Richtv_official about Symbol ALGO: Buy recommendation (11/14/2025)

After a strong 28% move up from our last call, Algorand (ALGO) has pulled back into a key support zone, potentially setting up for another bullish wave. This type of retracement after a breakout is typical in trending markets and often offers high-probability re-entry points. 📌 Trade Setup: Entry Zone: $0.15 – $0.16 Take Profit Targets: → Tier 1: $0.22 – $0.26 → Tier 2: $0.28 – $0.33 Stop Loss: Just below $0.13 This setup offers a favorable risk-to-reward ratio, targeting a continuation of the prior move while protecting against deeper downside. Volume confirmation and market conditions should be monitored closely for added conviction.