$ALGO /USDT – SHORT TRADE SIGNAL🔴
ALGO continues its bearish trend after multiple rejections near the EMA-25 ($0.2693) and EMA-7 ($0.2677). Price is now rolling over after a failed breakout attempt above $0.2710 and is heading back toward the recent low of $0.2577. With all EMAs sloping downward and price failing to hold above intraday resistance, bears remain in full control.
Trade Setup:
• Entry Point: $0.2650 – $0.2675
• Stop Loss: $0.2715
• Take Profit:
• TP1: $0.2590
• TP2: $0.2520
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Momentum remains weak with no bullish follow-through. Break below $0.2577 could trigger further downside.
#ALGOUSDT #BinanceFutures #ShortTrade #CryptoTrading #Layer1