$ALLO continues to slide downward with controlled bearish pressure, and the chart is clearly showing lower-high rejections right at the resistance zone. Momentum is leaning strongly to the downside, and this kind of slow bleed usually leads to a sharper move once liquidity is taken out. Perfect conditions for a clean short setup.
Trade Setup
Entry Range: 0.1315 – 0.1325
Target 1: 0.1285
Target 2: 0.1260
Target 3: 0.1240
Stop-Loss: 0.1348
Stay patient — this type of structure often plays out smoothly once the breakdown accelerates.
