RESISTANCE HOLDS - $ALLO SHORT STRUCTURE UNVEILS LIQUIDITY POOL BELOW 📉🎯
Entry: $0.2895 – $0.2905 🎯
Target 1: $0.2880 ✅
Target 2: $0.2860 📊
Target 3: $0.2841 🔻
Stop Loss: $0.2924 🛑
The supply zone at $ALLO is holding its ground with conviction. Price has tapped the upper boundary of this order block and is already showing rejection wicks 🔥, suggesting the institutional sellers are front-running the next leg down. We are looking at a liquidity grab below the recent lows, where the resting buy orders sit ripe for the taking 🎯.
The short bias is clear as long as we stay below that $0.2924 invalidation. A break of $0.2880 confirms the shift in momentum, and I expect the drop to accelerate into the $0.2860 and $0.2841 targets. The R:R on this structure is worth the entry risk 💪.
Are you watching this resistance break, or are you waiting for the sweep of the lows first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #SmartMoney #CryptoSignals #Trading
📉💼
Entry: $0.2895 – $0.2905 🎯
Target 1: $0.2880 ✅
Target 2: $0.2860 📊
Target 3: $0.2841 🔻
Stop Loss: $0.2924 🛑
The supply zone at $ALLO is holding its ground with conviction. Price has tapped the upper boundary of this order block and is already showing rejection wicks 🔥, suggesting the institutional sellers are front-running the next leg down. We are looking at a liquidity grab below the recent lows, where the resting buy orders sit ripe for the taking 🎯.
The short bias is clear as long as we stay below that $0.2924 invalidation. A break of $0.2880 confirms the shift in momentum, and I expect the drop to accelerate into the $0.2860 and $0.2841 targets. The R:R on this structure is worth the entry risk 💪.
Are you watching this resistance break, or are you waiting for the sweep of the lows first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #SmartMoney #CryptoSignals #Trading
📉💼