$ALLO is trading back into a supply zone where sellers may regain control.
Trading Plan Short $ALLO
Entry: 0.297 - 0.307
SL: 0.329
TP1: 0.286
TP2: 0.274
TP3: 0.261
The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective within the broader structure, while liquidity remains stacked beneath recent swing lows. If buyers fail to secure acceptance above resistance, a rotation lower toward those liquidity targets becomes increasingly likely.
trade $ALLO here :
Trading Plan Short $ALLO
Entry: 0.297 - 0.307
SL: 0.329
TP1: 0.286
TP2: 0.274
TP3: 0.261
The recent recovery has carried price back into an area that previously acted as resistance. The move higher still appears corrective within the broader structure, while liquidity remains stacked beneath recent swing lows. If buyers fail to secure acceptance above resistance, a rotation lower toward those liquidity targets becomes increasingly likely.
trade $ALLO here :