$ALLO Market Event: Price rejected from overhead resistance after a weak recovery rally failed to reclaim support.
Momentum Implication: Sellers maintain control while price trades beneath the breakdown zone.
Levels:
• Entry Price (EP): 0.0845 - 0.0868
• Trade Target 1 (TG1): 0.0805
• Trade Target 2 (TG2): 0.0760
• Trade Target 3 (TG3): 0.0715
• Stop Loss (SL): 0.0899
Trade Decision: Maintain defensive bias until buyers recover lost structure.
Close: Continued rejection below 0.0868 favors another downside extension.
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