$ALLO /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION SETUP
Market Structure:
Price is trading below key resistance and showing rejection from the upper supply zone. Lower highs and sustained selling pressure indicate bearish control. Volume expansion on down moves suggests continuation risk toward demand levels.
Key Levels:
Resistance Zone: 0.1280 – 0.1365
Immediate Support: 0.1200
Major Demand: 0.1165 – 0.1155
Trade Idea: SHORT (Trend-Following)
Entry: On rejection from 0.1240 – 0.1280 or a confirmed breakdown below 0.1200
TP1: 0.1190
TP2: 0.1167
TP3: 0.1157
SL: Above 0.1325 (structure invalidation)
Confirmation Signals to Watch:
Bearish candle close below support
Weak pullbacks with declining volume
Failure to reclaim resistance on lower timeframes
Risk Management:
Risk only 1–2% per trade, trail stop after TP1, and avoid over-leveraging during high volatility.
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