Most traders catch falling knives, but smart capital waits for liquidity sweeps.
$ALLO just broke key moving averages on the 4H chart with high volume, sweeping stops near 0.279. The aggressive selloff pushed price right into a crucial demand zone near previous swing lows. When volume spikes into major support after a sharp drop, absorption often precedes a relief bounce.
Trade Setup: $ALLO
Bias: LONG
Entry Zone: 0.275 – 0.282
SL: 0.262
TP1: 0.298
TP2: 0.315
TP3: 0.335
Are you waiting for confirmation above 0.295 or scaling in early? BTCUSDT
$ALLO
$ALLO just broke key moving averages on the 4H chart with high volume, sweeping stops near 0.279. The aggressive selloff pushed price right into a crucial demand zone near previous swing lows. When volume spikes into major support after a sharp drop, absorption often precedes a relief bounce.
Trade Setup: $ALLO
Bias: LONG
Entry Zone: 0.275 – 0.282
SL: 0.262
TP1: 0.298
TP2: 0.315
TP3: 0.335
Are you waiting for confirmation above 0.295 or scaling in early? BTCUSDT
$ALLO