ALGOUSDT 1hr, we could be forming a zone of balance in this area. After facing one time framing higher for 3 days, bulls started getting weaker, bears started taking over again.
Next breakout will lead to a specific direction, if we break from up, we will continue going upwards, but if we break from down we will dump. Right now it should still be a little bit harder to reac h to 0.3677 zone because of yesterday's POC + 0.618 fib retracement, I believe we should retest today's POC, and our balance's support before seeing a continuation downwards, if that happens I will keep my limit order.
Order will be cancelled if we reach tp before entry.
