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$ALLO – Selling Pressure Builds As Bulls Lose strength. that's why I'm short.
Short $ALLO
Entry: 0.3680 – 0.3700
SL: 0.3840
TP1: 0.3550
TP2: 0.3400
TP3: 0.3250
That structure is absolutely wrecked — price nuked through support like it wasn't there. Buyers are trapped and every relief bounce is getting crushed instantly. Downside momentum is accelerating with clean breaks lower and no bids showing up.
Volume is massive on the drop and light on any bounce attempts — textbook distribution. As long as price stays capped below resistance, freefall continuation remains the path of least resistance.
👉 trade $ALLO