$ALGO /USDT BEARISH REVERSAL SIGNAL – SHORT SETUP ACTIVE
$ALGO /USDT has shown signs of exhaustion after a strong 30-day rally. Price failed to break above key resistance at 0.2469, forming a lower high and triggering a bearish divergence on the MACD. The 4H chart also shows declining volume and weakening bullish momentum. Short-term EMAs are starting to flatten, suggesting the potential beginning of a downtrend.
SHORT ENTRY: 0.2430
TARGETS:
TP1: 0.2360
TP2: 0.2290
TP3: 0.2210
STOP LOSS: 0.2480
Risk Management: Risk only 2-3% per trade. Adjust SL to entry after TP1 to lock profits and minimize downside exposure. Always follow trend confirmation before entering.
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