🔻 $ALLO BEARISH STRUCTURE HOLDS — SELLERS PRESSING FOR LOWER SUPPORT! 📉
Entry: 0.2570 - 0.2590 🔻
Target 1: 0.2530 🎯
Target 2: 0.2480 🎯
Target 3: 0.2433 🎯
Stop Loss: 0.2642 🛑
📉 ALLO keeps getting slapped down at the 0.2590 ceiling — that's the third rejection in this cycle, and each bounce has been shallower than the last. Sellers are guarding this supply zone like it's their balance sheet, and price continues grinding under the structure that's kept shorts honest. 📊
💡 If nearby support breaks, the slide toward 0.2480 and 0.2433 opens up with thin overhead liquidity standing in the way. The invalidation sits at 0.2642 — above that, the bearish thesis dies and this becomes a range play. 💬 Is that repeated rejection enough to load the short, or do you need to see a sweep of the lows first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Bearish #Crypto #Trading
🐻 📉
Entry: 0.2570 - 0.2590 🔻
Target 1: 0.2530 🎯
Target 2: 0.2480 🎯
Target 3: 0.2433 🎯
Stop Loss: 0.2642 🛑
📉 ALLO keeps getting slapped down at the 0.2590 ceiling — that's the third rejection in this cycle, and each bounce has been shallower than the last. Sellers are guarding this supply zone like it's their balance sheet, and price continues grinding under the structure that's kept shorts honest. 📊
💡 If nearby support breaks, the slide toward 0.2480 and 0.2433 opens up with thin overhead liquidity standing in the way. The invalidation sits at 0.2642 — above that, the bearish thesis dies and this becomes a range play. 💬 Is that repeated rejection enough to load the short, or do you need to see a sweep of the lows first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ALLO #ShortSetup #Bearish #Crypto #Trading
🐻 📉