The market feels like it is standing in that uncomfortable silence where sellers have already made their move but buyers have not yet revealed their full strength. ALGO is currently around 0.0891 PKR 24.72 with a market cap of approximately PKR 223.55B and a sharp 24 hour decline of 13.32 percent.
That kind of move demands attention. ALGO is now sitting in a zone where a recovery attempt could become aggressive if buyers return with volume.
My immediate watch area is 0.087 to 0.090. If ALGO can defend this region and then reclaim 0.093 to 0.095, momentum could begin changing character. The real confirmation would come from expanding volume alongside the price recovery.
I also want to monitor whether capital begins rotating back toward established altcoins. If dominance starts shifting and larger wallets begin accumulating rather than selling, ALGO could become much more interesting.
EP: 0.08910
TP1: 0.09356
TP2: 0.09801
SL: 0.08553
These levels are planning levels based on the displayed price, not guaranteed targets.
After a 13.32 percent daily decline, the first objective is not blind optimism. It is proving that buyers are actually returning.
I’m ready for the move —
#Institutional lending on XRP Ledger
