$ALGO is a patience trade on the short side, as a strong close back above the recent high would reverse the entire immediate setup. The price is stuck inside a clear descending channel, showing a consistent pattern of lower highs. This structure only gets weaker if the asset decisively breaks out above that upper boundary.

Levels — ALGOUSDT
Zone: 0.08914 - 0.08958
Cut: 0.08993
Scale: 0.08879 | 0.08833 | 0.08776

The map is useful only while the invalidation remains intact.

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