🔴 $ALLO REJECTS HEAVY RESISTANCE AS BEARISH MOMENTUM ACCELERATES ON THE 1H CHART! 📉
Entry: 0.251 - 0.253 ⚡
Target: 0.2463 🎯
Stop Loss: 0.2605 ⚠️
Sellers firmly defended the 0.258 - 0.260 overhead supply zone, leaving a crisp rejection wick on the 1H timeframe. 📊 As buy volume exhausts, downside gravity is taking over with order flow shifting toward lower demand levels.
📌 Retesting the 0.2463 key support looks imminent as market makers clean up resting bids beneath the local range. 💡 With structure tilting heavily in favor of sellers, this short window offers a well-defined invalidation above recent highs. 💬 Will 0.2463 hold as strong support or are bears pressing for a deeper breakdown? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Bearish #Crypto #Trading
🔻 🐻
Entry: 0.251 - 0.253 ⚡
Target: 0.2463 🎯
Stop Loss: 0.2605 ⚠️
Sellers firmly defended the 0.258 - 0.260 overhead supply zone, leaving a crisp rejection wick on the 1H timeframe. 📊 As buy volume exhausts, downside gravity is taking over with order flow shifting toward lower demand levels.
📌 Retesting the 0.2463 key support looks imminent as market makers clean up resting bids beneath the local range. 💡 With structure tilting heavily in favor of sellers, this short window offers a well-defined invalidation above recent highs. 💬 Will 0.2463 hold as strong support or are bears pressing for a deeper breakdown? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Bearish #Crypto #Trading
🔻 🐻
