🟡 $ALLO / USDT – Weak Bounce After Heavy Sell-Off

ALLO is trading inside a post-dump consolidation range after failing to hold its early highs. The market is currently undecided, showing small-bodied candles and reduced momentum.

Current Price: 0.1190

24H High: 0.1244

24H Low: 0.1171

📉 15m Market Structure

• Strong rejection from 0.124 area

• Clear lower-highs sequence

• Selling pressure eased near 0.117

• Minor bounce but no trend reversal yet

Bias: Bearish to neutral

🔎 Key Levels

Support Zones:

• 0.1180 – 0.1170 (short-term demand)

• 0.1150 (breakdown level)

Resistance Zones:

• 0.1205 – 0.1215

• 0.1235 – 0.1245 (major supply)

🎯 Trade Scenarios

Bullish Recovery Setup:

• 15m close above 0.1215

• Volume confirmation required

• Targets:

1. 0.1235

2. 0.1260

3. 0.1300

Bearish Continuation Setup:

• Rejection below 0.1200

• Breakdown under 0.1170

• Targets:

1. 0.1150

2. 0.1120

3. 0.1085

💡 Market Insight

ALLO is still below key intraday resistance and remains vulnerable to further downside unless buyers reclaim 0.121+. Best trades will come after confirmation, not inside this tight range

ALLOBSC
ALLO
0.1203
-0.41%

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