⚠️ $ALLO — Breakdown Continuation, Bearish Short Setup 📉
Trading Plan — SHORT $ALLO
· Entry: 0.1340–0.1360
· SL: 0.1447
· TP1: 0.1280
· TP2: 0.1140
Analysis
$ALLO at 0.1348 is showing continued bearish momentum (-9.65% today), trading near recent lows after breaking below key support levels. Price structure remains weak with no significant bullish recovery, indicating potential for further decline.
A breakdown below 0.1340 should target 0.1280 → 0.1220. Only a break above 0.1400 would invalidate the short setup. Look for bearish continuation signals on lower timeframes before entering.
ALLOUSDT
Perp
0.1261
-0.63%
