If Bitcoin continues to drop (which is likely), I think the safest way to trade Algorand is to wait for the 50 cent level. It might not drop that low, but if it does, there is a high chance to see a proper bounce off this level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.