🔴 $ALGO /USDT — Bearish Rejection Setup? Bulls Losing Control Near Supply Zone ⚠️
$ALGO is showing signs of selling pressure near the 0.0953 resistance zone after a strong recovery from the 0.0836 liquidity sweep area. Price has pushed into a key supply region, but buyers are struggling to break higher, creating a possible liquidity trap and rejection setup. If ALGO fails to reclaim 0.0933–0.0953, sellers may take control and drive price back toward lower demand zones.
📌 Short Trade Setup:
🔴 Entry Zone: 0.0930 – 0.0950 (wait for rejection confirmation)
🎯 TP1: 0.0907
🎯 TP2: 0.0882
🎯 TP3: 0.0856
🛑 SL: 0.0960
Technical Logic: Liquidity sweep → bullish recovery → supply rejection → possible bearish pullback. Watch for rejection candles and weakening volume near resistance before execution.
ALGO is at a critical decision point — smart traders wait for confirmation, manage risk, and follow price action instead of chasing moves. Follow for more professional Binance chart analysis and smart-money setups. 📉
#ALGO
$ALGO is showing signs of selling pressure near the 0.0953 resistance zone after a strong recovery from the 0.0836 liquidity sweep area. Price has pushed into a key supply region, but buyers are struggling to break higher, creating a possible liquidity trap and rejection setup. If ALGO fails to reclaim 0.0933–0.0953, sellers may take control and drive price back toward lower demand zones.
📌 Short Trade Setup:
🔴 Entry Zone: 0.0930 – 0.0950 (wait for rejection confirmation)
🎯 TP1: 0.0907
🎯 TP2: 0.0882
🎯 TP3: 0.0856
🛑 SL: 0.0960
Technical Logic: Liquidity sweep → bullish recovery → supply rejection → possible bearish pullback. Watch for rejection candles and weakening volume near resistance before execution.
ALGO is at a critical decision point — smart traders wait for confirmation, manage risk, and follow price action instead of chasing moves. Follow for more professional Binance chart analysis and smart-money setups. 📉
#ALGO
