$ALLO /USDT - SHORT
Trading plan:
Entry: 0.322534 – 0.325019
SL: 0.335696
TP1: 0.31552
TP2: 0.308877
TP3: 0.299937
Why set this?
- The 30-minute timeframe is still ranging, but the 15-minute signal is bearish, so the direction is not fully aligned and the confidence level is still moderate.
- Momentum is tilted downward, and Binance participation supports the short order with a taker fee rate of 0.7988, along with open interest rising from new sellers.
- Entering the trade seems reasonable while waiting for a retest, while the stop-loss is set higher than a confirmed swing. Buying support may help temporarily, so be patient.
Debate:
Will ALLO reject the retest cleanly, or will shorting crowd in and the nearby support zone force yet another squeeze first?
Click here to Trade 👇️
Trading plan:
Entry: 0.322534 – 0.325019
SL: 0.335696
TP1: 0.31552
TP2: 0.308877
TP3: 0.299937
Why set this?
- The 30-minute timeframe is still ranging, but the 15-minute signal is bearish, so the direction is not fully aligned and the confidence level is still moderate.
- Momentum is tilted downward, and Binance participation supports the short order with a taker fee rate of 0.7988, along with open interest rising from new sellers.
- Entering the trade seems reasonable while waiting for a retest, while the stop-loss is set higher than a confirmed swing. Buying support may help temporarily, so be patient.
Debate:
Will ALLO reject the retest cleanly, or will shorting crowd in and the nearby support zone force yet another squeeze first?
Click here to Trade 👇️