$ALLO SHORT AFTER FAILED BREAKOUT – SELLERS IN CONTROL 🔥
Entry: 0.345-0.355 🔥
Target: 0.325 🚀
Stop Loss: 0.375 ⚠️
The breakout attempt at resistance just got slapped down hard. Sellers stepped in right where they should, and momentum is clearly fading on the lower timeframes. A break below 0.330 opens the door to liquidity under recent lows, and the structure now favors a deeper retrace.
Volume already dropping on the rejection and bid support is thinning. If you weren't in at the retest, are you waiting for confirmation below 0.330 or taking the short here?
Not financial advice. Always manage your risk.
#ALLO #ShortSetup #BreakoutRejection #Crypto
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Entry: 0.345-0.355 🔥
Target: 0.325 🚀
Stop Loss: 0.375 ⚠️
The breakout attempt at resistance just got slapped down hard. Sellers stepped in right where they should, and momentum is clearly fading on the lower timeframes. A break below 0.330 opens the door to liquidity under recent lows, and the structure now favors a deeper retrace.
Volume already dropping on the rejection and bid support is thinning. If you weren't in at the retest, are you waiting for confirmation below 0.330 or taking the short here?
Not financial advice. Always manage your risk.
#ALLO #ShortSetup #BreakoutRejection #Crypto
⚡