This Coin Is Setting Up The Ultimate Bear Trap

Entry: 0.1605 🟩

Target: 0.1500 🎯

Stop Loss: 0.1738 🛑

The $ALLO chart looks toxic right now. We are seeing a textbook bearish reversal playing out after a brutal rejection from supply. Heavy wick action and lower highs confirm that the sellers are fully in control and momentum is collapsing fast. This technical structure signals a deep move toward the major support at 0.1380. As long as candles remain below 0.1648, expect fire. Watch this setup closely; volatility like this often precedes a major shift in $BTC dominance.

Not financial advice. Do your own research.

#CryptoTrading #ShortSetup #ALLO #Scalp #Bearish

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ALLOUSDT

Perp

0.1609

-3.30%

BTCUSDT

Perp

93,385.1

+3.34%