MASSIVE DUMP ALERT: ALLO Sellers Are In Control šØ
Entry: 0.140 š©
Target: 0.120 šÆ
Stop Loss: 0.161 š
$ALLO is locked in a brutal descending channel on the 4H. Sellers are dominating this chart, printing lower highs and lower lows with zero mercy. We just saw a massive rejection from the upper boundary, confirming bearish continuation is the path of least resistance. Do NOT try to catch this falling knife! Any bounce is a gift for shorts setting up around the 0.135-0.145 zone. The bias remains firmly bearish. Only a 4H close above 0.160 invalidates this setup. This is a sell-the-rally structure until proven otherwise.
Disclaimer: Not financial advice. Trade carefully.
#ALLO #Altcoins #TradingSetup #BinanceSquare
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ALLOUSDT
Perp
0.1224
-7.76%
