$ALGO USDT – SHORT TRADE SIGNAL🔴
❌ REJECTION FROM $0.1887 LOCAL HIGH
❌ BEARISH CROSS BELOW EMA(7) AND EMA(25)
ALGO failed to hold above the $0.1887 resistance and is now showing weakness on the 30M chart. Price has broken below EMA(7) and EMA(25), with bearish momentum increasing. A test of EMA(99) support at $0.1814 is likely, with further downside potential if broken.
📉 TRADE SETUP:
• Entry Point: $0.1855 – $0.1840
• Stop Loss: $0.1888
• Take Profit:
• TP1: $0.1815
• TP2: $0.1785
• TP3: $0.1750
• Margin: 2–3% of wallet
• Leverage: 10x
📊 MARKET OUTLOOK:
ALGO shows signs of exhaustion near local highs. A breakdown below $0.1814 could accelerate bearish pressure toward previous support zones.
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