ALGO still has not escaped selling
🔴 $ALGO - SHORT

Trade Plan:
Current Price: 0.104
Entry: 0.1038 - 0.1048
SL: 0.1095
TP1: 0.1012
TP2: 0.0984
TP3: 0.0942

ALGO is one of the easier shorts on this board because the short-term tone is only neutral while the higher-timeframe technical backdrop is still leaning sell. That means the bigger trend has not actually improved yet, even if price tries to bounce intraday. The current rebound still looks more like a pullback into supply than the start of a real breakout sequence. If 0.104 fails to hold as a pivot and gets rejected again, the continuation lower makes sense without forcing the trade.

Does ALGO lose 0.10 before it finds a real bounce?
Click below for trade 👇
DYOR & manage risk!
$ALGO

ALGOUSDT

Trvl

0.1298

-0.68%