$ALLO — Long Liquidation Signals a Key Battle Zone
🔴 $ALLO Long Liquidation: $1.6215K at $0.26705
The liquidation at $0.26705 shows that leveraged longs were forced out, creating a critical area for price discovery. The next move depends on whether buyers can reclaim this zone with strong volume or sellers continue pushing lower.
📍 Support: $0.2600–$0.2670
🧱 Resistance: $0.2750–$0.2850
🎯 Next Target: $0.2850, followed by $0.3000 if momentum strengthens.
If $ALLO holds above the liquidation zone, a rebound could develop. A clean break below $0.2600 would weaken the bullish setup and expose lower levels.
💡 Pro Tip: Don’t chase the first spike. Watch volume, liquidation flow, and confirmation around support before entering. High leverage can turn a small move into a major loss.
$ALLO #Trump Media overhauls crypto treasury #CLARITY Act Senate vote set #Fed holds interest rates #BitGo Q2 financial results #Hyperliquid seeks US market access
