$ALLO /USDT – Short-Term Technical Analysis (15m)
(Following your saved BTC-style script)
Market Structure:
$ALLO sold off from the 0.1290–0.1300 supply zone and swept liquidity at 0.1190, then printed a sharp rebound. The bounce is reactive, pushing price back into prior minor resistance but without a confirmed structure shift yet.
Trend & Momentum:
Short-term trend remains neutral-to-bearish, with price still below the key supply.
Momentum has improved after the liquidity sweep, suggesting short-covering and dip-buying interest.
Needs acceptance above resistance to flip structure.
Key Levels:
Resistance: 0.1235 – 0.1260, then 0.1290
Support: 0.1200 – 0.1190
📉 Short Setup (Bounce Fade)
Entry Zone: 0.1235 – 0.1260
Targets:
TP1: 0.1210
TP2: 0.1200
TP3 (extension): 0.1190
Stop Loss: Above 0.1295 (reclaim of supply invalidates short bias)
📈 Alternative Long Scenario (Structure Reclaim)
If price reclaims and holds above 0.1260 with volume:
Upside Targets: 0.1290 → 0.1335
Would confirm a failed breakdown and bullish continuation.
Bias: Neutral-to-bearish below 0.1260
As long as ALLO trades under the supply zone, rallies are favored to be sold, while 0.1190 remains the key downside liquidity level.
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buy and trade here on $ALLO
