Algorand / TetherUS
Short

ALGOUSDT (4H) - Bearish breakout

259
Hi Traders

ALGOUSDT (4H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.1579 support level. Only the upward break of 0.1707 would cancel the bearish scenario.

Trade details

Entry: 0.1579
Stop loss: 0.1707
Take profit 1: 0.1500
Take profit 2: 0.1372

Score: 8
Strategy: Bearish breakout

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