š» $ALGO /USDT ā Slipping Below the Mid-Band! š§
Current Price: $0.1679 (ā1.24%)
ALGO is trading below the mid-Bollinger Band ($0.1692) and is approaching lower support near the base band ($0.1662). Weak momentum signals a potential short-term drop if support breaks.
š Key Market Levels:
š¹ 24H High: $0.1739
š¹ 24H Low: $0.1650
š¹ Resistance: $0.1721
š¹ Support: $0.1650 ā $0.1639
š Bearish Trade Setup
š¹ Entry Zone: $0.1675 ā $0.1690
šÆ TP1: $0.1650 ā Local low
šÆ TP2: $0.1630 ā Recent demand zone
šÆ TP3: $0.1600 ā Key downside target
š Stop Loss: $0.1735
ā ļø Watch: If ALGO breaks below $0.1650 with rising sell volume, further downside may follow.
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