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Just a few days ago it was putting up a brave front, but today it showed its hand! 🔥📉
Opening the board this morning, $ALLO 's short position was closed very cleanly.
A few days ago in the afternoon it kept testing the upside, but no one was buying when it went up, and volume didn't follow. It looked strong, but in reality, it became weaker with each push.
What I saw was pressure at the highs, weak rebounds, and several pullbacks without continuation 👀, so I didn't chase emotionally. Instead, I opened a short near 0.29497, waiting for when it couldn't hold.
Now it's at 0.28607, directly running from the 0.29497 range, profit +73.98% ✅💰
Those on the ride should be laughing all the way.
Once you understand, execute—don't hesitate at the last moment.
Good positions are waited for, not chased.
This trade's handling is clear: first close 80%, leave the remaining 20% with cost protection 🎯🔔. If it continues to drop, let the profits run; if it bounces back, don't let the profits turn painful 🛑
If you missed it, don't chase ⚠️ There will be more opportunities later; wait for the next clear signal, wait for the next shot to be more comfortable 📢
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