$ALLO /USDT : The 4-hour chart shows a bearish trend, with the price below the key moving averages. However, the 1-hour chart shows a temporary bounce above EMA50, creating a selling opportunity. The trigger is the current rejection, indicating a drop in RSI over 15 minutes below 50. This is a momentum shift to capture the resumption of the larger bearish trend. Entering a short position on rejection in the 1-hour range for a quick move to support levels.
Executable setup now (short)
Entry: market at 0.106434 – 0.107338
TP1: 0.104175
TP2: 0.103272
TP3: 0.101465
SL: 0.109596
#USChinaDeal #BTCVSGOLD #BinancehodlerSOMI $ALLO


ALLOUSDT
Perp
0.1096
-4.61%