$ALLO – Grinding Into Resistance, Feels Heavy 📉
$ALLO pushed up, but the momentum never followed. Now we're sitting at the top of the range with small-bodied candles and zero expansion—classic distribution behavior.
⚡ SHORT $ALLO
Entry Zone: 0.134 – 0.140
Stop Loss: 0.147 (above structure)
🎯 Targets:
🥇 0.124
🥈 0.115
🥉 0.106
🔍 Why This Setup:
· Pushed up on light momentum — no real buying conviction
· Small-bodied candles near range high — absorption, not accumulation
· Each pop gets sold into — sellers stepping in aggressively
· No impulsive continuation — buyers exhausted
· Once support gives way — downside rotation accelerates fast
The Thesis:
The flow is heavy. This isn't consolidation—it's distribution. If supply keeps capping the move, expect a breakdown once 0.134 support fails. First target 0.124 is the initial liquidity grab. Clear that and 0.115 opens up. If selling pressure continues, 0.106 is the macro target.
Trade $ALLO here 👇
#ALLO #WhenWillCLARITYActPass #TokenizedRealEstate #BTCMiningDifficultyIncrease #TrumpNewTariffs
