📉 Market Forecast:
Market momentum is fading quickly. If $ALGO stays below the 0.2790 area, expect a drop towards 0.2530 with increasing downward pressure. Lower highs = Lower prices.
$ALGO Setting a sell order in motion 🔻 Failed bounce, bears take charge
$ALGO rose to $0.31 but failed to hold the gains. The price is now stuck below the resistance of $0.2790, showing clear rejection and lower highs on the 15-minute chart, classic signs of weakness.
🔴 Setting a sell order:
• Entry zone: 0.2767 – 0.2792
• Stop loss: 0.2906
• Take profit: 0.2534
• Risk: 2–3% of the portfolio
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