🚨 $ALGO REJECTS HIGH RESISTANCE AS SELLER MOMENTUM ACCELERATES DOWNSIDE! 📉
Entry: 0.1236 - 0.1244 🔥
Target: 0.1210 / 0.1190 / 0.1167 🎯
Stop Loss: 0.1291 🛑
📌 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. ⚡
💡 Unless buyers quickly reclaim this lost shelf, the breakdown looks primed to sweep the lower liquidity pools without hesitation. 💬 Are you pressing this short or waiting for a relief retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALGO #ShortSetup #CryptoTrading #Altcoins #PriceAction
🎯 📉
Entry: 0.1236 - 0.1244 🔥
Target: 0.1210 / 0.1190 / 0.1167 🎯
Stop Loss: 0.1291 🛑
📌 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. ⚡
💡 Unless buyers quickly reclaim this lost shelf, the breakdown looks primed to sweep the lower liquidity pools without hesitation. 💬 Are you pressing this short or waiting for a relief retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALGO #ShortSetup #CryptoTrading #Altcoins #PriceAction
🎯 📉