๐จ $ALGO REJECTS HIGH RESISTANCE AS SELLER MOMENTUM ACCELERATES DOWNSIDE! ๐
Entry: 0.1236 - 0.1244 ๐ฅ
Target: 0.1210 / 0.1190 / 0.1167 ๐ฏ
Stop Loss: 0.1291 ๐
๐ Overhead supply stepped in aggressively at the recent peak, swatting away buyer momentum and flipping the short-term structure bearish. Bids are evaporating across the tape as distribution takes control. โก
๐ก Unless buyers quickly reclaim this lost shelf, the breakdown looks primed to sweep the lower liquidity pools without hesitation. ๐ฌ Are you pressing this short or waiting for a relief retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #CryptoTrading #Altcoins #PriceAction
๐ฏ ๐
Entry: 0.1236 - 0.1244 ๐ฅ
Target: 0.1210 / 0.1190 / 0.1167 ๐ฏ
Stop Loss: 0.1291 ๐
๐ Overhead supply stepped in aggressively at the recent peak, swatting away buyer momentum and flipping the short-term structure bearish. Bids are evaporating across the tape as distribution takes control. โก
๐ก Unless buyers quickly reclaim this lost shelf, the breakdown looks primed to sweep the lower liquidity pools without hesitation. ๐ฌ Are you pressing this short or waiting for a relief retest? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ALGO #ShortSetup #CryptoTrading #Altcoins #PriceAction
๐ฏ ๐