🚀 $ALGO 🔴 Sell : 0.0955332 – 0.09366 | Clean
This ALGOUSDT chart just caught my attention for a short.
📊 Technical Analysis (15M):
Alright fam, look at this 15-minute chart. ALGO is grinding lower after that last push up got absolutely rejected 😤. Price is printing lower highs and lower lows, classic weakness. Sellers are in control right now and every bounce is getting sold into. This isn't the kind of structure you want to be long on.
That resistance up at 0.0964698 is the line in the sand guys 🚧. Every time price tries to push back up there, it gets capped hard. Volume tells the story too — buying pressure is thin on these bounces while sell volume keeps stepping in. Nobody's interested in chasing green candles here 📉
Lowkey this is a clean continuation . If sellers keep pushing, we've got a clear path down through the support shelf. Let me break it down 👇
Now let's walk the Levels: 🎯
Level 1: 0.094123617 - First hurdle and the immediate support level where we take some off the table.
Level 2: 0.093650634 - This is the bigger test, the gatekeeper that opens the door for a deeper flush.
Level 3: 0.093177651 - Momentum officially shifts in our favor once we clear this zone.
Level 4: 0.092704668 - The runner Levels: , where I'd be looking to close out the rest.
🔴 Invalidation: 0.0964698
If price reclaims 0.0964698 and holds above it, this short idea is dead in the water. That's your out, no arguments, just respect the level and move on.
📌 Crypto Alert
This ALGOUSDT chart just caught my attention for a short.
📊 Technical Analysis (15M):
Alright fam, look at this 15-minute chart. ALGO is grinding lower after that last push up got absolutely rejected 😤. Price is printing lower highs and lower lows, classic weakness. Sellers are in control right now and every bounce is getting sold into. This isn't the kind of structure you want to be long on.
That resistance up at 0.0964698 is the line in the sand guys 🚧. Every time price tries to push back up there, it gets capped hard. Volume tells the story too — buying pressure is thin on these bounces while sell volume keeps stepping in. Nobody's interested in chasing green candles here 📉
Lowkey this is a clean continuation . If sellers keep pushing, we've got a clear path down through the support shelf. Let me break it down 👇
Now let's walk the Levels: 🎯
Level 1: 0.094123617 - First hurdle and the immediate support level where we take some off the table.
Level 2: 0.093650634 - This is the bigger test, the gatekeeper that opens the door for a deeper flush.
Level 3: 0.093177651 - Momentum officially shifts in our favor once we clear this zone.
Level 4: 0.092704668 - The runner Levels: , where I'd be looking to close out the rest.
🔴 Invalidation: 0.0964698
If price reclaims 0.0964698 and holds above it, this short idea is dead in the water. That's your out, no arguments, just respect the level and move on.
📌 Crypto Alert