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Jennifer Zynn
Jennifer Zynn
$ALLO pushed into 0.21761 and failed to hold the spike. Trading Plan Short ALLO up to 10x Entry: 0.1780 to 0.1860 SL: 0.2185 TP1: 0.1710 TP2: 0.1650 TP3: 0.1580 Price bounced hard from the 0.16119 low and ran into 0.21761, but the move was rejected fast and most of the breakout candle got sold back. Since that spike, price has dropped back into the lower part of the move instead of holding strength near the top. That usually signals momentum cooled quickly and leaves room for another leg down if sellers keep control. As long as ALLO stays below the recent spike high, this setup favors continuation into lower support. Trade here $ALLO

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