$ALLO USDT BEARISH PRESSURE BUILDING — FAILURE TO RECLAIM RESISTANCE COULD TRIGGER ANOTHER DROP is currently trading well below its recent high of 0.2176 and struggling to regain bullish momentum. Despite a modest daily gain, the price remains in a corrective phase, with lower highs forming after the sharp rejection from resistance. Unless buyers reclaim the 0.1830–0.1950 zone, sellers may continue pushing the market toward lower support levels.
📉 Trade Setup (SHORT)
Entry Zone: 0.1760 – 0.1820
Targets (TP):
🎯 TP1: 0.1710
🎯 TP2: 0.1620
🎯 TP3: 0.1500
Stop Loss (SL):
🛑 0.1890
Market Outlook:
The short-term structure remains cautious to bearish while price trades below key resistance levels. A breakdown below 0.1710 could accelerate selling pressure toward the 0.1600 area. Bulls need a strong recovery above 0.1830 to invalidate the bearish outlook and restore upward momentum.
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ALLO
0.3528
-22.41%