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Wind•Crypto✅
SHORT SETUP $ALLO
Entry: 0.495 - 0.520
TP1: 0.470
TP2: 0.450
TP3: 0.400
Stop Loss: 0.560
ALLO has been rejected once again at a key resistance level, suggesting that selling pressure remains firmly in control.
Bears are defending resistance aggressively.
Profit-taking pressure remains elevated.
Bulls are struggling to generate enough momentum for a breakout.
Multiple rejection signals are appearing near resistance.
Sellers continue to dominate at higher prices.
The probability of a pullback remains elevated unless buyers can reclaim control.
Despite recent recovery attempts, ALLO continues to face heavy resistance overhead. If bulls fail to break through this zone convincingly, the market could see another move lower as sellers target liquidity beneath current levels.
Resistance is holding.
Bears have the edge.
Now it's up to the bulls to prove otherwise.
#HayesPumpOrProphet
#CoinMoveAlert
$ALLO