🚨 $ALLO REJECTED AT $0.3300 — BREAKDOWN TARGETS $0.2700 IN PLAY! 📉
Entry: $0.3230–$0.3300 ⚡
Target: $0.3100 / $0.2900 / $0.2700 🎯
Stop Loss: $0.3405 🛑
📉 This rejection at the $0.3300 supply shelf is more than a routine pullback — sellers are defending that zone with institutional intent, compressing price beneath a clearly defined distribution block. The structure now tilts bearish with $0.2700 acting as the nearest demand pool worth watching.
🔍 Order flow suggests momentum favors the downside leg, with $0.3100 the first magnet and $0.2900 the midpoint pressure zone. For shorts, moving stop to break-even after the first target fills is the disciplined play — protect capital and let the runner breathe. 📊
💬 Are you fading this supply rejection directly, or waiting for one last retest before committing to the short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Breakdown #Crypto
🐻 📉
Entry: $0.3230–$0.3300 ⚡
Target: $0.3100 / $0.2900 / $0.2700 🎯
Stop Loss: $0.3405 🛑
📉 This rejection at the $0.3300 supply shelf is more than a routine pullback — sellers are defending that zone with institutional intent, compressing price beneath a clearly defined distribution block. The structure now tilts bearish with $0.2700 acting as the nearest demand pool worth watching.
🔍 Order flow suggests momentum favors the downside leg, with $0.3100 the first magnet and $0.2900 the midpoint pressure zone. For shorts, moving stop to break-even after the first target fills is the disciplined play — protect capital and let the runner breathe. 📊
💬 Are you fading this supply rejection directly, or waiting for one last retest before committing to the short? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Breakdown #Crypto
🐻 📉