🔥 #ALGO/USDT
🔴 SHORT
🎲 Entry Zone 1: 0.1870
🎲 Entry Zone 2: 0.1890
✅ Take Profit 1: 0.1838
✅ Take Profit 2: 0.1775
✅ Take Profit 3: 0.1667
✅ Take Profit 4: 0.1551
(Extended if Momentum Persists)
❌ Stop Loss: Above 0.1985
💱 Recommended Margin: 2.5% – 5%
🧳 Recommended Leverage: 5X – 15X
🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs.
📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets.
⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength.
⚠️ Take Care of Risk Management for Your Account
🔴 SHORT
🎲 Entry Zone 1: 0.1870
🎲 Entry Zone 2: 0.1890
✅ Take Profit 1: 0.1838
✅ Take Profit 2: 0.1775
✅ Take Profit 3: 0.1667
✅ Take Profit 4: 0.1551
(Extended if Momentum Persists)
❌ Stop Loss: Above 0.1985
💱 Recommended Margin: 2.5% – 5%
🧳 Recommended Leverage: 5X – 15X
🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs.
📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets.
⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength.
⚠️ Take Care of Risk Management for Your Account
Telegram: t.me/Crypto_Sheykh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/Crypto_Sheykh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.