SHORTS ARE EYEING $ALLO — THIS RESISTANCE REJECTION SPELLS TROUBLE FOR BULLS 🔻
Entry: $0.2690–$0.2720 📉
TP1: $0.2550 ✅
TP2: $0.2400 🎯
TP3: $0.2220 🕳️
SL: $0.2933 🛑
The bid wall at lows is getting soft while overhead supply keeps stacking. $ALLO just got spanked off that resistance shelf — the rejection candle is textbook bearish structure. Price keeps slipping under $0.2700, and every bounce is getting sold into like clockwork.
Order flow tells a simple story: sellers are holding the tape, and buyers haven't shown their face since the breakdown. We're watching for a liquidity sweep below the range before the next leg down gets underway. The real question is whether momentum can carry through TP2 without a lazy retest trapping fresh shorts.
Do you think $ALLO can find support before the TP3 zone, or is this slide just getting started? 👀
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #Crypto #Trading #ShortSignal #Binance
📉🔥
Entry: $0.2690–$0.2720 📉
TP1: $0.2550 ✅
TP2: $0.2400 🎯
TP3: $0.2220 🕳️
SL: $0.2933 🛑
The bid wall at lows is getting soft while overhead supply keeps stacking. $ALLO just got spanked off that resistance shelf — the rejection candle is textbook bearish structure. Price keeps slipping under $0.2700, and every bounce is getting sold into like clockwork.
Order flow tells a simple story: sellers are holding the tape, and buyers haven't shown their face since the breakdown. We're watching for a liquidity sweep below the range before the next leg down gets underway. The real question is whether momentum can carry through TP2 without a lazy retest trapping fresh shorts.
Do you think $ALLO can find support before the TP3 zone, or is this slide just getting started? 👀
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #Crypto #Trading #ShortSignal #Binance
📉🔥