🚨 While many expect $ALLO to continue its recovery, the structure suggests a possible rejection setup near current resistance levels.
📉 $ALLO – SHORT 🔴
🎯 Trade Plan:
📊 Entry: 0.096 – 0.101
🛑 SL: 0.108
🎯 TP1: 0.088
🎯 TP2: 0.079
🎯 TP3: 0.070
⚡ Why this setup?
$ALLO is trading around 0.0955 after a recent bounce, but momentum is starting to slow as price approaches a key resistance zone. Buyers are active, yet continuation strength still looks weak.
The current structure suggests a possible lower high formation, and if price gets rejected from resistance, a pullback toward lower support levels becomes likely.
🧠 Conditions to Watch:
👉 Rejection from 0.096–0.101 confirms short idea
👉 Break above 0.108 = setup invalidated
👉 Strong BTC momentum could trigger breakout continuation instead
🤔 Debate:
Healthy pullback… or hidden breakout loading? 👀
🌍 Click below for trade 👇🏻 🚀
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