$ALLO โ Longs Wiped, Pressure Builds
Liquidation Event
Longs liquidated: $2.89K
Liquidation price: $0.10731
What this means
Long traders were overconfident near resistance. The market rejected higher prices and flushed weak hands. This usually opens room for one more downside sweep before a bounce.
Market Insight
Momentum is weak. Sellers are in control short-term, but panic selling looks limited. If volume slows, a relief bounce is possible.
Next Move Expectation
Small dip โ base building โ short squeeze attempt.
Targets
TG1: $0.1040
TG2: $0.1005
TG3: $0.0968
Bullish Reclaim Zone
Above $0.1115, structure improves.
Pro Tip
After long liquidations, wait for sideways price + volume drop before entering. Thatโs where smart money loads.
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