Algorand / TetherUS
Short
Updated

ALGOUSDT - bears may attack soon

399
hi traders,

The price is retesting a key support.
If this support fails, bears may attack and the price may drop even 20 %.

How to trade it:
If you want to short ALGOUSDT, wait for the price to break down .
Look for the volume surge to avoid the false breakdown.
You can also wait for the price to break down and give a bearish retest.
Target is shown on the chart.

Good luck

Trade closed: target reached
It was so fast. Target reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.