$ALGO USDT – SHORT TRADE SIGNAL🔴

🔻 REJECTION BELOW EMA-25 & EMA-99 ZONE

🔻 BREAKDOWN FROM MINOR SUPPORT AT $0.284

ALGO is trading in a persistent downtrend with lower highs and lower lows forming below the key EMAs (EMA-7 at $0.2849, EMA-25 at $0.2880, EMA-99 at $0.2941). After testing the resistance zone near $0.288–$0.290, price sharply reversed and broke below the $0.284 support.

Current Price Action:

Price is trading at $0.2809, near the intraday low of $0.2792. A bearish continuation pattern is confirmed, suggesting that bears remain in control. A drop below $0.2790 could invite more downside.

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🔻TRADE SETUP:

• Entry Point: $0.2810 – $0.2830

• Stop Loss: $0.2885

• Take Profit:

 • TP1: $0.2760

 • TP2: $0.2700

• Margin: 2–3% of wallet

• Leverage: 10x

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📉 Market Outlook:

ALGO continues to slide within a strong bearish trend. Short-term bounces are being sold off. Expect extended downside unless buyers reclaim the EMA-25.

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