$ALGO /USDT SHORT TRADE SIGNAL🔴

BEARISH TREND STILL INTACT BELOW EMAs

WEAK REJECTION FROM EMA(7) AND NO CLOSE ABOVE EMA(25)

RALLY SHOWS SIGNS OF FADING NEAR RESISTANCE

$ALGO has failed to reclaim the 7 EMA ($0.1631) convincingly and remains well below EMA(25) at $0.1645 and EMA(99) at $0.1666. This suggests a bear flag or dead cat bounce scenario, ideal for a short setup.

🔴Trade Setup:

• Entry Point: $0.1635 – $0.1645

• Stop Loss: $0.1668

• Take Profit:

  • TP1: $0.1615

  • TP2: $0.1592

  • TP3: $0.1565

• Margin: 2–3% of wallet

• Leverage: 10x

🔍Market Outlook:

Overall trend remains bearish. If rejection holds at EMA cluster, ALGO likely to continue forming lower lows, retesting key support levels below $0.16. $ALGO

#ALGO #CryptoSignals #BinanceFutures #ShortTrade #USNationalDebt