$ALGO /USDT – Short Trade Entry Opportunity🔥💯
$ALGO failed to sustain its upward momentum after a strong rally, forming a lower high followed by a bearish rejection near $0.192. The current 15-minute structure shows a breakdown from the recent local support at $0.189, signaling potential continuation to the downside.
Entry: 0.1890
Target 1: 0.1860
Target 2: 0.1840
Target 3: 0.1833
Stop Loss: 0.1916
Risk Management:
Risk only 3–5% of your portfolio per trade. Shift your stop-loss to breakeven after the first target is hit to lock in profits.
Pro Tip:
Watch for bearish continuation candles on lower timeframes. If volume increases during the breakdown, expect a fast move toward lower supports.
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