🔻 $ALLO /USDT — Continued Weakness as Price Tests Fresh Lows

ALLO is trading at $0.1430, down –9.15% over the last 24 hours. On the 15m timeframe, the market structure remains bearish, with sellers pressing the price into a new session low at 0.1418.

📉 Key Metrics:

24h High: 0.1598

24h Low: 0.1418

Price is currently hovering just above the low after a sharp selloff.

Candles continue forming lower highs and lower lows, confirming that downward momentum is still in play. Attempts at short-term bounces have been weak and quickly absorbed by sellers.

A decisive break below 0.1418 could open the door for further downside. Bulls will need to reclaim previous support zones to shift momentum back in their favor.

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