$ALGO
Bearish breakdown in progress. Price has slipped below both the 7 MA at 0.1142 and the 25 MA at 0.1154, turning that zone into immediate resistance. The 99 MA at 0.1091 is the only cushion left, and price is drifting straight toward it.
Momentum is fading hard. The rejection from 0.1300 kicked off a lower high sequence, and now we are printing fresh lows under prior consolidation. This is not a dip to buy blindly. The structure is weak until proven otherwise.
Support sits at the 99 MA near 0.1091, with the real floor at 0.1049. Resistance is firm at 0.1140-0.1154. A reclaim of that zone would be step one for any reversal, but right now sellers are in control.
• Entry Zone: 0.1095 – 0.1115 (only on a bounce confirmation off the 99 MA)
• TP1: 0.1149
• TP2: 0.1200
• TP3: 0.1250
• Stop-Loss: 0.1080 (below 99 MA and local structure)
Wait for the reaction at 0.1091. No bounce, no trade. Let the market prove it wants to go.