$ALGO – DEAD CAT BOUNCE OR FULL REVERSAL? SHORT TRADE SIGNAL
AFTER A SHARP DROP TO $0.2234, ALGO IS SEEING A WEAK RELIEF RALLY
REJECTION NEAR $0.2445 SHOWS SELLERS STILL IN CONTROL
Trade Setup:
🔻 Short Entry: $0.2425 – $0.2445
🎯 Target 1: $0.2340
🎯 Target 2: $0.2270
🛑 Stop Loss: $0.2475
$ALGO remains in a clear downtrend with lower highs and weak volume recovery. Unless price breaks and holds above $0.2490, bears are likely to reassert pressure.
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