$ALGO at $0.2040 Struggles Near Support – Smart Entry or Risky Catch?????
Is this the bottom for $ALGO or just a pause before more downside?
$ALGO is hovering near key support with bearish sentiment dominating. Weak volume and no strong reversal signs yet.
Short Trafe Setup:
Current Price: $0.2040 (↓1.8%)
Support Levels: $0.2000 / $0.1880
Resistance Levels: $0.2150 / $0.2280
Momentum: Bearish
Suggestion:
No major inflows; sentiment still weak.
Wait for a confirmed bounce above $0.2150 before considering fresh entries.