When you're looking for new coins, make sure you also check their fundamentals and not only the TA.
$ALGO is currently ranked as the 54th largest coin on Coinmarketcap. If you compare it with another L2 ie. $SUI, you can see that it's heavily undervalued.
Algorand with the market cap of SUI would bring it to $1.45, 6.18x from here.
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