🚨$ALLO breaking support right now 👀 Sellers in full control until bulls reclaim 0.1835. Eyes on breakdown or a violent bounce from this zone! 🚨
📌 5-min chart looks weak, sellers currently controlling after the earlier pump failed to hold higher levels. Price just tapped into the zone marked in red and we’re seeing reaction exactly at previous structure support.
🔥 Market snapshot
Price: 0.1789
Momentum: Bearish short-term
Volatility: Increasing
Liquidity: building below current lows 👀
👉 SHORT bias until price reclaims 0.1835
As long as price stays under the red zone, bears have control.
Short entries
anywhere under 0.1835
confirmation = lower-high + rejection wick
Targets
TP1 → 0.1750
TP2 → 0.1700
Major target → 0.1665
Stop-loss
above 0.1835 resistance zone
ALLOUSDT
Perp
0.1628
-3.32%
