š $ALGO /USDT ā SHORT TRADE SIGNAL!
Market Overview:
$ALGO is trading at 0.2621, slightly up +1.67% on the day, but the short-term chart clearly shows strong bearish momentum. After hitting the high of 0.2826, sellers have taken control, pushing the price into a steady downtrend with consecutive red candles. The pair is now approaching critical support.
š Key Levels
Resistance: 0.2680 ā 0.2720
Support: 0.2600 ā 0.2520
24H Range: 0.2528 ā 0.2826
šÆ Short Trade Setup
Entry Zone: 0.2620 ā 0.2640
šÆ TP1: 0.2600
šÆ TP2: 0.2570
šÆ TP3: 0.2530
š Stop Loss: 0.2690
š” Pro Tip: If $ALGO breaks 0.2600 support with strong selling pressure, the next downside target could extend toward 0.2500. Watch closely for a retest before entering for higher probability.