📢 Quick Analysis ALLO/USDT: Caution Around Support Zone! 📉

Based on the 4h chart, ALLO/USDT is in a clear downtrend after a strong growth on 11/11.

* Current price: Approximately 0.2170 USDT.

* Notable area: The price is approaching a critical support zone around 0.2082 USDT (24h low).

* MA Indicator (Moving Average): Short-term MAs (MA(7), MA(25)) are both above the current price and are sloping downward, indicating that selling pressure is still strong. The price has fallen well below MA(25) ($0.3263).

* Trading volume (VOL): Recent selling volume remains high compared to buying volume, confirming that the downward force prevails.

⚠️ Brief conclusion:

* If the $0.2082 area holds: A slight technical rebound may occur, but the main trend remains down.

* If $0.2082 is broken: The risk of deeper slippage is very high.

Traders need to: Prioritize observing price reactions at $0.2082. Consider staying out or placing a tight Stop-Loss order if holding a buy position.

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