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ALGO High-Risk Setup After Crash
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Algorand just bounced 7% off support at $0.2355, but the chart shows a classic head and shoulders pattern that could still push price lower.
🟢 Whales are buying aggressively, fueling this bounce
⚠️ But they’re approaching overbought levels — the danger zone for selloffs
📉 If whales flip to selling, we could revisit $0.23 or even lower
Right now, ALGO has a 58% chance of a pump, meaning momentum is neutral and could swing either way. A run to $0.2911 resistance (+12%) is possible, but without the bullish trifecta (Buy Signal + Whale Money Flow low + Trades in Favor low), this is a risky entry.
In this video, I’ll show you:
Why whales buying in now is both bullish and risky
The exact levels that matter most for ALGO
How our risk management strategy (market + buy limits + take profit) secured 308 wins, 0 losses
What to wait for before calling a confirmed reversal
This setup could be big — but caution is key.
❤️ Have a great day, God bless, and I'll see you in the membership!
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Disclaimer:
Do not act on any opinions expressed in this video. This is NOT financial advice. These are strictly personal opinions presented by Trade Confident LLC representatives. Past performance is not indicative of future results. Crypto is extremely risky, expect to lose everything. Always do your own research and consult a financial advisor before investing.
Video Topics: #algopriceprediction #algonewstoday #algorand #cryptocurrency
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