$ALGO Faces Bearish Pressure! 🔻
A long liquidation of $1,922.50 at $0.3835 highlights a shift in momentum as $ALGO succumbs to selling pressure, forcing bullish positions to unwind.
What’s Next for $ALGO?
Support Zone: $0.380 is a key level to watch—breaking below could open the door to $0.370.
Resistance to Reclaim: Bulls need to regain $0.390 to restore confidence and aim for recovery.
Momentum Outlook: Bearish in the short term, but a relief rally is possible if buyers step in near support.
Will $ALGO bounce back, or are further losses ahead? Stay cautious and monitor key levels closely!
