$ALGO USDT short trade signal ๐ ๐ฆ
BEARISH SETUP โ BOUNCE FAILED, BEARS BACK IN CONTROL ๐ป
After a strong surge to $0.31, $ALGOUSDT is now showing signs of weakness as price struggles to reclaim the 0.2790 resistance zone. The structure has shifted lower with multiple rejections near resistance, forming a clean lower high on the 15-min chart โ a classic signal for a potential continuation to the downside.
๐ด SHORT TRADE SETUP:
Entry Zone: 0.2767 โ 0.2792
Stop Loss: 0.2906
Take Profit: 0.2534
Leverage: 10x
Risk Allocation: 2โ3% of wallet
๐ Market Outlook:
Bearish momentum is gaining strength after the failed retest. As long as price remains below the 0.2790 zone, sellers are in control. Expect continuation towards the lower support region near $0.2530 if selling pressure sustains.
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