$ALGO – Bearish Structure Clearly Formed, Resistance Now Giving Way
Short #ALGO
Entry: 0.089 – 0.090
SL: 0.098
TP: 0.082 - 0.078 - 0.072
Price continues to respect the main descending trend with consecutive lower highs. The recent rejection near dynamic resistance confirms sellers are still in control.
The resistance zone has now been breached, opening the door for a strong downside continuation, especially as the overall market remains extremely weak.
Trade $ALGO here 👇
ALGOUSDT
Perp