Trading Plan Short $ALLO


$ALLO got rejected hard from 0.41297 after a weak attempt to reclaim the 1h EMA21.

Entry: $0.40208-$0.40908
Stoploss: $0.42100
Targets: $0.39500 / $0.38000 / $0.36500

ALLO couldn't hold the mid BB on the 1h and is now testing support. OI dropped 5.47% yesterday, but funding is still slightly positive, meaning shorts aren't squeezed yet. Top traders are actually long, which could fuel a flush lower if support breaks. Taker sell volume is aggressive. Reclaim $0.41300, and this short is dead.
ALLO-10.29%
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