$ALGO 0.1365 SHORT
Entry: $0.1365
SL: $0.1390
TP1: $0.1340
TP2: $0.1315
TP3: $0.1285
Market view:
$ALGO is showing a short-term bearish setup from the $0.1365 area. Sellers may continue applying pressure if price fails to reclaim nearby resistance and remains below the entry zone. The short thesis targets a gradual move toward lower support levels, with TP1 as the first reaction zone and deeper targets if bearish momentum strengthens. A breakout and sustained move above the SL area would invalidate the setup.
Entry: $0.1365
SL: $0.1390
TP1: $0.1340
TP2: $0.1315
TP3: $0.1285
Market view:
$ALGO is showing a short-term bearish setup from the $0.1365 area. Sellers may continue applying pressure if price fails to reclaim nearby resistance and remains below the entry zone. The short thesis targets a gradual move toward lower support levels, with TP1 as the first reaction zone and deeper targets if bearish momentum strengthens. A breakout and sustained move above the SL area would invalidate the setup.