A sharp breakdown from local resistance has triggered an aggressive waterfall expansion on $ALLO .
$ALLO — SHORT
Trade Plan:
Entry: 0.100500 – 0.105800
SL: 0.116500
TP1: 0.093500
TP2: 0.082100
TP3: 0.071800
Why this setup?
Moving Average Breakdown: Price printed a violent rejection from the 0.125131 local high, crashing cleanly underneath the 1H MA(7) at 0.105742 and the MA(25) at 0.105459 (chart).
Extreme Selling Volume: The downward structure shift is backed by a massive 24h trading volume of 1.48B ALLO, confirming institutional-grade distribution.
Order Book Overbalance: Order flow exposes intense ask-side dominance with selling pressure pinning price action toward localized structural support at 0.093539.
Debate:
Are you shorting this breakdown at 0.100500 or waiting for a pull-back to 0.105500?
Click here to Trade 👇

ALLOUSDT
Perp
0.37953
+24.87%