📉 $ALLO

Major rejection from 0.3479 and unable to reclaim the 0.26 - 0.27 region.

Price is now trading below MA(25) and MA(99), with rallies getting sold.

Entry: 0.247 - 0.255

Targets:

TP1: 0.235

TP2: 0.220

TP3: 0.200

Stop Loss: 0.268

The structure resembles a lower-high formation after a blow-off top.

If 0.24 breaks decisively, sellers could target the 0.22 - 0.20 liquidity zone quickly. Risk/reward favors waiting for weak bounces rather than chasing downside candles.

ALLO
ALLOUSDT
0.2872
+16.10%