Algorand / TetherUS
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ALGOUSDT Facing a Major Reversal? Bears Ready to Take Over!

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Yello, Paradisers! Is ALGOUSDT about to take a sharp dive? The price is currently hovering around a key supply zone, struggling to push higher. With buyers failing to break through, the risk of a strong bearish rejection is increasing, signaling a potential short opportunity.

💎The market structure has shown a clear Change of Character (CHoCH), suggesting a shift from an uptrend to a potential downtrend. Price remains below the 50 EMA, reinforcing the bearish momentum. If sellers step in with force, the downside move could accelerate quickly.

💎Key downside targets are forming around 0.2188 and 0.1663, where the next major support zones lie. If the bearish scenario plays out, these levels could be reached sooner than expected. Any failure to reclaim higher levels will only strengthen the case for further declines.

This is where patience and discipline pay off. Market traps are everywhere, and only those who stay focused and trade smart will come out on top. Be ready for the move, Paradisers!

MyCryptoParadise
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💎 From Prediction to Profit: ALGOUSDT has just hit our projected Support and is still looking good.

💎 Once you step into the realm of precision, there’s no looking back. It’s a journey of consistent wins, a commitment to excellence, and a stride in the league of victors.


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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.