$ALGO – SHARP REVERSAL AS SELLERS TAKE CONTROL
$ALGO has dropped aggressively from the 0.2804 high, breaking through key intraday supports and hitting a low of 0.2578. The strong red volume spike confirms intensified selling pressure, and failure to hold above this level could drive price further toward 0.2540–0.2500. Any bounce attempts are likely to face resistance near 0.2620–0.2660.
Trade Setup: SHORT below 0.2575, TP: 0.2540 / 0.2500, SL: 0.2630.
With momentum shifting firmly to the downside, caution is advised for long positions.