Algorand’s TD Sequential Buy Signal: Potential Market Reversal Amid Network Strength

Algorand’s recent technical analysis suggests a potential market rebound is underway. The TD Sequential indicator, used by renowned trader Tom DeMark, has issued a buy signal, signaling the end of sustained selling pressure after weeks of decline. 🤝 This follows an extended bearish trend and coincides with the network surpassing 10 million transactions in just 12 hours. 💪 📈 The price stability around the $0.18–$0.19 support zone aligns with historical accumulation levels observed during previous cycles, reinforcing a strong floor for the asset.