🔴 Short liq cluster: 0.0178–0.0197 (heaviest around 0.0182–0.0187) 🟢 Long liq cluster: 0.0216–0.0226 (thickest near 0.0216)
Price is sitting almost right in the middle of both zones. A break above 0.0216 could trigger a cascade through the long liquidations, while a drop back below 0.0197 risks sweeping the shorts.
Balanced setup — watching which side gets squeezed first.
Price looks compressed near support, with resistance sitting overhead around 0.0275–0.0290. As long as that level keeps rejecting, momentum remains limited.
For now, the key area to watch is 0.0245–0.0255. If support breaks, downside can open further. If bulls reclaim resistance, a short-term recovery move becomes more likely.
ALLO is approaching a key sell entry zone at $0.40–$0.42, where I’ll be looking for short opportunities if the market confirms a rejection.
I expect an ABC corrective move from that area, with $0.23–$0.18 serving as both the profit target for the short setup and the main buy range for the next long position.
If buyers defend that zone and a bullish reversal is confirmed, I’ll be looking for a continuation toward $0.98+, with the potential to print a new all-time high.