$ALLO SELL-SIDE PRESSURE BUILDS AS STRUCTURE SHIFTS SOUTH 📉
Entry: $0.2690–$0.2720 📉
TP1: $0.2550 🎯
TP2: $0.2400 🎯
TP3: $0.2220 🎯
SL: $0.2933 🛑
The rejection at resistance here isn't just a wobble—it's a clear displacement of sell-side intent 🔻. The bearish order block has formed, and price is currently probing the $0.2700 equilibrium. Below this pivot, we are looking at a continuation into yesterday's lows.
Clearly, the market is hunting buy-side liquidity above, but the macro structure remains firmly in the hands of shorts. The inability to reclaim prior highs is the tell. Smart money is distributing into this minor retracement 💧.
Are you eyeing that $0.2220 target, or waiting for a lower high to confirm the breakdown further? Drop your take below. 🧲
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #SmartMoneyConcepts #Crypto #Trading #Bearish
📊🔍
Entry: $0.2690–$0.2720 📉
TP1: $0.2550 🎯
TP2: $0.2400 🎯
TP3: $0.2220 🎯
SL: $0.2933 🛑
The rejection at resistance here isn't just a wobble—it's a clear displacement of sell-side intent 🔻. The bearish order block has formed, and price is currently probing the $0.2700 equilibrium. Below this pivot, we are looking at a continuation into yesterday's lows.
Clearly, the market is hunting buy-side liquidity above, but the macro structure remains firmly in the hands of shorts. The inability to reclaim prior highs is the tell. Smart money is distributing into this minor retracement 💧.
Are you eyeing that $0.2220 target, or waiting for a lower high to confirm the breakdown further? Drop your take below. 🧲
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #SmartMoneyConcepts #Crypto #Trading #Bearish
📊🔍