$ALGO USDT – SHORT TRADE SIGNAL🔴

ALGO is showing a clear rejection from the $0.2390–$0.2400 resistance zone after multiple failed attempts to break the 99 EMA. Price has now broken below all key EMAs with bearish momentum increasing. Support sits near $0.2310 and $0.2300, and a breakdown could accelerate the move lower.

Trade Setup:

• Entry Point: $0.2365 – $0.2385

• Stop Loss: $0.2405

• Take Profit: $0.2320 / $0.2300

• Margin: 2–3% of wallet

• Leverage: 10x

Market Outlook:

Bearish structure remains intact with momentum favoring a move toward recent lows. Failure to reclaim $0.2400 confirms sellers remain in control.$ALGO

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