$ALLO is approaching a major supply zone where the latest recovery is beginning to lose momentum.
Trading Plan Short $ALLO
Entry: 0.397 - 0.405
SL: 0.440
TP1: 0.385
TP2: 0.367
TP3: 0.348
The recent rebound has carried price back into a resistance area that previously triggered aggressive selling. Buyers are still attempting to extend the recovery, but follow-through is fading as overhead liquidity continues to absorb demand around this level. If sellers maintain control of this zone, the next rotation could target the liquidity resting beneath the recent swing structure.
trade $ALLO here 👇 :
Trading Plan Short $ALLO
Entry: 0.397 - 0.405
SL: 0.440
TP1: 0.385
TP2: 0.367
TP3: 0.348
The recent rebound has carried price back into a resistance area that previously triggered aggressive selling. Buyers are still attempting to extend the recovery, but follow-through is fading as overhead liquidity continues to absorb demand around this level. If sellers maintain control of this zone, the next rotation could target the liquidity resting beneath the recent swing structure.
trade $ALLO here 👇 :