$ALGO /USDT Short Setup in Play 🔻 Rejection Confirmed, Bears in Control
$ALGO attempted a bounce to $0.31 but quickly lost steam. The price is now struggling below the $0.2790 resistance, forming a lower high on the 15-min chart—a textbook signal of weakening momentum.
🔴 SHORT TRADE SETUP:
Entry Range: 0.2767 – 0.2792
Stop Loss: 0.2906
Target: 0.2534
Leverage: 10x
Risk: 2–3% of portfolio
📉 Market Outlook:
Momentum is fading rapidly. As long as $ALGO remains under $0.2790, the downtrend is likely to continue, with a potential slide toward $0.2530. Lower highs typically lead to lower lows.
