๐จ $ALGO REJECTED AT CRITICAL RESISTANCE AS EXHAUSTION HITS THE RALLY! ๐ป
Entry: 0.1300 - 0.1315 โก
Target: 0.1285 - 0.1250 ๐ฏ
Stop Loss: 0.1340 ๐
$ALGO printed a sharp rejection off the 0.1330 overhead supply shelf, leaving aggressive buyers trapped after an overextended push. ๐ Consecutive distribution candles signal momentum is rotating straight back to sellers looking to reclaim control.
With bid depth thinning under 0.1300, a swift liquidity sweep toward the 0.1270 and 0.1250 demand pockets looks primed to play out. ๐
๐ฌ Are you shorting this resistance rejection, or waiting for lower demand to catch the bounce? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #CryptoTrading #Altcoins
๐ฏ ๐ป
Entry: 0.1300 - 0.1315 โก
Target: 0.1285 - 0.1250 ๐ฏ
Stop Loss: 0.1340 ๐
$ALGO printed a sharp rejection off the 0.1330 overhead supply shelf, leaving aggressive buyers trapped after an overextended push. ๐ Consecutive distribution candles signal momentum is rotating straight back to sellers looking to reclaim control.
With bid depth thinning under 0.1300, a swift liquidity sweep toward the 0.1270 and 0.1250 demand pockets looks primed to play out. ๐
๐ฌ Are you shorting this resistance rejection, or waiting for lower demand to catch the bounce? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #CryptoTrading #Altcoins
๐ฏ ๐ป