Trade Idea: ALGO SHORT

Opened 2026-05-01 04:01:44 · Valid until 2026-05-02 04:01:44 · Triggered 2026-05-01 04:03:01 · Closed 2026-05-01 05:57:01

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

SHORT CLOSED RR 1.75 Conf 75% Scalp 15-30 minutes

Entry

0.11020000

Stop

0.11100000

Targets

0.10880000 / 0.10800000 / 0.10750000

Live price

0.09058000

Live ROI

17.80% vs entry

Idea ID

#11109

Now Entry Stop TP

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Thesis and checks

Immediate short scalp opportunity on ALGO due to recent bearish momentum and chart structure.

1m and 5m charts show a lower high formation near current price indicating short-term resistance.
15m chart confirms a downtrend continuation with price below recent minor support turned resistance at 0.1105.
Stop placed just above recent minor resistance at 0.1110 to limit risk.
Targets set at recent minor support levels between 0.1088 and 0.1075 for quick profit taking.

Trade ideas are educational. Manage risk and position size.