$ALGO /USDT Short Setup in Motion ๐ป Failed Bounce, Bears Take Over
$ALGO rallied to $0.31 but failed to hold gains. Price is now stuck below the $0.2790 resistance, showing clear rejection and a lower high on the 15-min chart classic signs of weakness.
๐ด SHORT TRADE SETUP:
โข Entry Zone: 0.2767 โ 0.2792
โข Stop Loss: 0.2906
โข Take Profit: 0.2534
โข Leverage: 10x
โข Risk: 2โ3% of wallet
๐ Market Outlook:
Momentum is fading fast. If $ALGO stays below the $0.2790 zone, expect a drop toward $0.2530 as bearish pressure builds. Lower highs = lower prices.
ALGOUSDT
Perp
0.2746
+16.15%