$ALGO /USDT SHORT TRADE SIGNAL🔴
MULTIPLE REJECTIONS NEAR $0.1765
RANGE-BOUND STRUCTURE BELOW KEY RESISTANCE
LOWER HIGHS INDICATING WEAKENING MOMENTUM
$ALGO O is struggling to break above the $0.1765 resistance. Price action remains choppy within a tight range, showing signs of distribution with wicks rejecting higher levels.
Trade Setup:
• Entry Point: $0.1745 – $0.175
• Stop Loss: $0.1768
• Take Profit:
• TP1: $0.1720
• TP2: $0.1695
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
Price remains trapped below $0.1765 with repeated rejection. Breakdown from this range could open the path back to support at $0.1690.
#ALGOUSDT #Altcoin s #BinanceFutures #ShortSignal #CryptoSetup 🔴📉⚠️$ALGO