$ALLO / USDT — SHORT Setup
Most traders are watching $ALLO for a bounce, but the 4-hour chart shows it is falling.
Trade Plan
Entry Zone: 0.2578 – 0.2586
Stop Loss (SL): 0.2691
Take Profit 1 (TP1): 0.2501
Take Profit 2 (TP2): 0.2447
Take Profit 3 (TP3): 0.2365
Why Short Here?
Not a Dip Buy: The 15-minute Relative Strength Index (RSI) is low at 19.52 (oversold), but the daily trend is moving sideways, not turning up. This is a price bleed, not a dip to buy.
Strong Edge: The model gives a 85.14% short score with a clear edge.
Tight Risk: Entering around 0.2582 gives a low-risk trade. Setting TP2 at 0.2447 aims for a 5.2% drop before reaching the stop loss at 0.2690.
Timing: The 4-hour trend is breaking down while the 1-hour average movement (ATR) stays tight at 0.0045.
#USToCancelIranAttackSubjectToDeal $ALLO
Most traders are watching $ALLO for a bounce, but the 4-hour chart shows it is falling.
Trade Plan
Entry Zone: 0.2578 – 0.2586
Stop Loss (SL): 0.2691
Take Profit 1 (TP1): 0.2501
Take Profit 2 (TP2): 0.2447
Take Profit 3 (TP3): 0.2365
Why Short Here?
Not a Dip Buy: The 15-minute Relative Strength Index (RSI) is low at 19.52 (oversold), but the daily trend is moving sideways, not turning up. This is a price bleed, not a dip to buy.
Strong Edge: The model gives a 85.14% short score with a clear edge.
Tight Risk: Entering around 0.2582 gives a low-risk trade. Setting TP2 at 0.2447 aims for a 5.2% drop before reaching the stop loss at 0.2690.
Timing: The 4-hour trend is breaking down while the 1-hour average movement (ATR) stays tight at 0.0045.
#USToCancelIranAttackSubjectToDeal $ALLO