๐จ $ALGO REJECTION AT KEY RESISTANCE SIGNALS INSTITUTIONAL LIQUIDITY SWEEP AND PULLBACK ๐
Entry: 0.1265 - 0.1285 โก
Target: 0.1240, 0.1200, 0.1106 ๐ฏ
Stop Loss: 0.1353 ๐
๐ Algorand met aggressive supply at 0.1330, confirming distribution at premium levels. A confirmed breakdown beneath structural support at 0.1260 clears the path toward untapped sell-side liquidity resting below.
๐ก Watch order flow closely around the 0.1300 pivot, as any sustained reclaim invalidates the bearish expansion. ๐ With sellers seizing momentum on the 4H timeframe, downside continuation offers textbook asymmetric risk parameters.
๐ฌ Are you positioning for this breakdown or waiting for price to reclaim 0.1300? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #Algorand #CryptoAnalysis #PriceAction
๐ฏ ๐ฆ
Entry: 0.1265 - 0.1285 โก
Target: 0.1240, 0.1200, 0.1106 ๐ฏ
Stop Loss: 0.1353 ๐
๐ Algorand met aggressive supply at 0.1330, confirming distribution at premium levels. A confirmed breakdown beneath structural support at 0.1260 clears the path toward untapped sell-side liquidity resting below.
๐ก Watch order flow closely around the 0.1300 pivot, as any sustained reclaim invalidates the bearish expansion. ๐ With sellers seizing momentum on the 4H timeframe, downside continuation offers textbook asymmetric risk parameters.
๐ฌ Are you positioning for this breakdown or waiting for price to reclaim 0.1300? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #Algorand #CryptoAnalysis #PriceAction
๐ฏ ๐ฆ