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Short Sale (SHORT) – $ALLO
Based on the failure of the breakout and price rejection from the upper resistance levels, the short trade was activated with the following conditions:
· Entry zone: 0.338 – 0.345$
· Targets: 0.325 / 0.310 / 0.295 / 0.280$
· Stop loss: 0.358$
Brief analysis:
The price shows an inability to hold above resistance, with the upward momentum fading. If the 0.330$ level is broken, we expect the downward wave to extend towards lower support areas.
Warning: CFD trading involves high risk. It is recommended to adhere to risk management and monitor the position in real time.
#Allo #sol #xrp