Algorand Price Pulls Back: Can ALGO Reclaim the $0.14 Rally?

ALGO surged to $0.14 before profit-taking triggered a sharp pullback. Falling volume and Open Interest signal weakening trader confidence. A daily close above $0.13 could revive bullish momentum. Algorand recently grabbed traders’ attention after a sharp rally pushed ALGO to $0.14. Growing excitement around the X402 challenge and Algorand’s potential role in AI agent payments fueled fresh demand. Buyers rushed into the market, hoping…