Technical analysis by CryptoSheykh about Symbol ALGO: Sell recommendation (4/17/2025)

🔥 #ALGO/USDT🔴 SHORT🎲 Entry Zone 1: 0.1870🎲 Entry Zone 2: 0.1890✅ Take Profit 1: 0.1838✅ Take Profit 2: 0.1775✅ Take Profit 3: 0.1667✅ Take Profit 4: 0.1551(Extended if Momentum Persists)❌ Stop Loss: Above 0.1985💱 Recommended Margin: 2.5% – 5%🧳 Recommended Leverage: 5X – 15X🧠 Narrative: ALGO is testing a supply zone at 0.1870 – 0.1890. A rejection here could trigger a move toward the lower support levels identified as TPs.📈 Market Context: Monitor overall crypto sentiment and BTC action; a broad rally may invalidate this short bias, while continued weakness could accelerate downside targets.⚠️ Risk Management: Place stops above 0.1985, size positions carefully, and be ready to adapt if price shows unexpected strength.⚠️ Take Care of Risk Management for Your Account