ALGO/USDT looking breakdown!

180
Hey traders 👋

ALGO coin is first that we will be taking a look at during the weekend where we see a nice potential for a breakdown to happen here soon! Why do we think that?

Well first of all let's look at 200EMA which is considered an upper resistance here as well. It has been rejecting many times the market price of ALGO meaning there is not enough volume behind it. This can lead to lower zones to be reached with a nice kickstart from a breakdown near current market price of $0.1111

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Yours Sincerely,

Swallow Team


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