$ALLO getting dumped here is exactly why I like it 😈
At $0.3348, down 11.19% on $24.86M volume, this looks less like “trend broke” and more like a clean squeeze setup. RSI on 4h is 32, funding is -0.042%, and shorts are getting comfy while price barely budged +0.2% in the last 4h.
Weak hands panic.
Smart money waits.
MAs are chopping, sure. That’s the point. It’s 34% off the 30d range and still 39% below the high. This is where people call it dead right before it rips 🔥
#ALLO
#Web3
#Crypto
At $0.3348, down 11.19% on $24.86M volume, this looks less like “trend broke” and more like a clean squeeze setup. RSI on 4h is 32, funding is -0.042%, and shorts are getting comfy while price barely budged +0.2% in the last 4h.
Weak hands panic.
Smart money waits.
MAs are chopping, sure. That’s the point. It’s 34% off the 30d range and still 39% below the high. This is where people call it dead right before it rips 🔥
#ALLO
#Web3
#Crypto