Crypto Patel

High R:R Short Setup on $ALGO – Get In Before It Dumps Hard!

A high-probability short setup is forming on Algorand – Smart Money traders, take note! 👇

🔹 Entry: $0.1816 | Stop Loss: $0.2045 | Target: $0.1460

Why #ALGO Short setup looks solid:

✅ Price has rejected internal liquidity after tapping into a key supply zone

✅ Bearish market structure with clear downside displacement

✅ Targeting external liquidity sitting near $0.1460

✅ Weekly Fair Value Gap (FVG) already mitigated – indicating a confirmed shift in bias

✅ SL is placed just above the invalidation zone for a clean Risk-Reward ratio

Tip: Wait for strong rejection confirmation at the entry level before entering the trade. No rush—let price come to you.

Add this setup to your watchlist.

#Algorand #Altcoins $BTC