Closed my leveraged long position 🚨
I’m expecting a bearish correction over the next few hours/days — but I could be wrong. 👀
$ALGO market structure isn’t convincing me either. If my bearish $BTC outlook plays out, ALGO could potentially revisit lower Fibonacci levels.
Overall bias remains bearish; this bullish move may turn out to be a trap.
Key level: $0.0900 — bulls need to hold above it to stay in control.
#ALGO_USDT #ALGO
I’m expecting a bearish correction over the next few hours/days — but I could be wrong. 👀
$ALGO market structure isn’t convincing me either. If my bearish $BTC outlook plays out, ALGO could potentially revisit lower Fibonacci levels.
Overall bias remains bearish; this bullish move may turn out to be a trap.
Key level: $0.0900 — bulls need to hold above it to stay in control.
#ALGO_USDT #ALGO

