ALGO Approaches Supply Zone, Rejection ExpectedAlgorand / TetherUSBINANCE:ALGOUSDTcoinpediamarketsALGOUSDT is looking primed for a short setup after a strong impulsive move into resistance. Price has tapped a key resistance zone at $0.0907 – $0.0917, which previously acted as supply. The current move appears slightly overextended, increasing the probability of a rejection or short-term pullback. Trade Idea (Short): Entry: $0.0908 Targets: • $0.0881 (first take profit – local support) • $0.0848 (major support / liquidity zone) Stop Loss: • $0.0923 (above resistance – invalidation level) Reasoning: – Clear resistance zone with prior selling pressure – Strong upward impulse suggests possible exhaustion – Favorable risk-to-reward ratio on rejection Watch for confirmation. A strong breakout and hold above resistance would invalidate this setup.