🚨 $ALGO REJECTS KEY RESISTANCE AS BEARS PREPARE TO CRACK SUPPORT! 📉
Entry: $0.1310–$0.1330 ⚡
Target: $0.1280 - $0.1200 🎯
Stop Loss: $0.1405 ⚠️
Buyers ran out of steam right at the $0.1400 supply wall, leaving behind a sharp wick rejection after the recent rally. 📊 Sellers are taking control of order flow, with the $0.1300 support floor teetering on the edge of a breakdown.
📌 A confirmed loss of $0.1300 opens up a clear runway for downside acceleration as liquidity gets swept toward lower demand zones. 📉 Risk-to-reward strongly favors the shorts while price trades below resistance. 💬 Are you shorting this retest or waiting for support to snap completely? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALGO #ShortSetup #Algorand #Crypto
📉 💣
Entry: $0.1310–$0.1330 ⚡
Target: $0.1280 - $0.1200 🎯
Stop Loss: $0.1405 ⚠️
Buyers ran out of steam right at the $0.1400 supply wall, leaving behind a sharp wick rejection after the recent rally. 📊 Sellers are taking control of order flow, with the $0.1300 support floor teetering on the edge of a breakdown.
📌 A confirmed loss of $0.1300 opens up a clear runway for downside acceleration as liquidity gets swept toward lower demand zones. 📉 Risk-to-reward strongly favors the shorts while price trades below resistance. 💬 Are you shorting this retest or waiting for support to snap completely? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALGO #ShortSetup #Algorand #Crypto
📉 💣
