$ALLO grinding into resistance with weak follow-through — looks like distribution, not strength. Trading Plan — Short $ALLO Entry: 0.134 – 0.140 SL: 0.147 TP1: 0.124 TP2: 0.115 TP3: 0.106 ALLO pushed up on lighter momentum and started printing small-bodied candles near the top of the range. The flow feels heavy — each pop gets sold into instead of expanding. No real impulsive continuation from buyers, just a slow bleed of strength. If this supply continues to cap the move, downside rotation should come fast once support gives way. Trade $ALLO here 👇
$ALLO grinding into resistance with weak follow-through — looks like distribution, not strength. Trading Plan — Short $ALLO Entry: 0.134 – 0.140 SL: 0.147 TP1: 0.124 TP2: 0.115 TP3: 0.106 ALLO pushed up on lighter momentum and started printing small-bodied candles near the top of the range. The flow feels heavy — each pop gets sold into instead of expanding. No real impulsive continuation from buyers, just a slow bleed of strength. If this supply continues to cap the move, downside rotation should come fast once support gives way. Trade $ALLO here 👇