The Algorand price has more than doubled in just over four weeks. From around $0.14 in mid-June, ALGO surged to nearly $0.31 before pulling back slightly. As of now, the ALGO price is hovering near $0.29.
This strong uptrend has excited investors, but there may be a reason to pause. A key technical indicator is now flashing a warning that could signal the end of this rally, at least for now.
What you'll learn 👉
Ali Says Sell Signal Is In: Watch Key Support
Crypto analyst Ali (@ali_charts) has raised the alarm, pointing to a bearish signal from the TD Sequential indicator on the daily chart. According to him, “Algorand $ALGO could face a short-term pullback with the TD Sequential flashing a sell signal on the daily chart!”
This TD9 signal has historically marked points of trend exhaustion, and it has now appeared just as ALGO touched the $0.30 region. The indicator doesn’t always mean a crash is coming, but it often suggests the asset is due for a cooldown or consolidation after a strong run.
Algorand $ALGO could face a short-term pullback with the TD Sequential flashing a sell signal on the daily chart! pic.twitter.com/Kz1lJgX9sj
— Ali (@ali_charts) July 17, 2025
Looking at the daily chart, there’s strong technical support near $0.24. This level also lines up with the 78.6% Fibonacci retracement from the recent breakout zone, which adds further strength to the area.
If the price continues to dip, this is the zone where buyers could step in again. A clean bounce from $0.24 might even confirm it as a new higher low, which is a bullish signal long-term.
Weekly Chart Still Looks Strong
Despite the short-term risk of a pullback, the weekly chart shows that ALGO has broken out of a multi-month range. The latest candle is up over 49% so far, signaling major momentum behind the move.
That said, a breather after this kind of rally is normal. The market often retraces a portion of a move before continuing higher. If the trend stays intact, the next targets could eventually push ALGO back above $0.35 or even $0.40 in the coming weeks.
Should You Sell ALGO Now?
The TD Sequential warning does not mean ALGO is about to collapse. But for traders who have been riding the rally, it might be a smart time to lock in some profits or set tighter stop losses.
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Meanwhile, long-term holders might see a pullback as a buying opportunity rather than a sell signal. Whether you’re trading or holding, the key is to stay aware of the support levels and watch how the price reacts over the next few days.
The Algorand price is still showing strength, but all eyes are now on the $0.24 support. If it holds, this dip might just be the next setup before another leg up.
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