$ALGO / USDT – Weak Demand Allows Continued Decline
$ALGO declined 5.18% to $0.1061, indicating buyers lacked conviction near support. Selling pressure remained steady throughout the move.
Short-term structure favors sellers.
Potential Entry Zone:
$0.103 – $0.101
Downside Targets:
• Target 1: $0.098
• Target 2: $0.094
• Extended Target: $0.089
Protective Zone:
Stop-Loss: $0.110
A reclaim above this level would signal stabilization.
Market Bias: Short-Term Bearish
ALGO
0.1028
-3.20%
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