🔴 SHORT SIGNAL — $ALGO | Score: 22/100 | LOW
Weakness near $0.07983 — reversal short setup, as this level has historically triggered significant sell-offs, making it a prime target for bears to regain control.
Entry: $0.08023 — $0.07967
TP1: $0.07704
TP2: $0.07304
TP3: $0.06786
SL: $0.08334
Trend Reversal Short: $0.07968 resistance is key, given the volume of 14.65M. A break below this level will confirm the reversal, making $ALGO vulnerable to a sharp decline. I'm confident in this short thesis, expecting a significant drop.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #DeFi #CryptoSignals
Weakness near $0.07983 — reversal short setup, as this level has historically triggered significant sell-offs, making it a prime target for bears to regain control.
Entry: $0.08023 — $0.07967
TP1: $0.07704
TP2: $0.07304
TP3: $0.06786
SL: $0.08334
Trend Reversal Short: $0.07968 resistance is key, given the volume of 14.65M. A break below this level will confirm the reversal, making $ALGO vulnerable to a sharp decline. I'm confident in this short thesis, expecting a significant drop.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #DeFi #CryptoSignals