$ALLO USDT BEARISH CONTINUATION SETUP
ALLO is showing bearish momentum after recent losses, trading within a 24h range of 0.1012 – 0.1113, suggesting sellers are in control and a potential further downside move.
Key Levels:
Support: 0.1010 – critical buying zone to watch
Resistance: 0.1113 – recent high, strong selling expected near this level
Next Target: 0.0950 – psychological level and potential downside target
Trade Setup (Short):
Entry: Around 0.1045 – favorable for short positions on bearish momentum
Take Profit (TP): 0.1010 (first), 0.0950 (second)
Stop-Loss (SL): 0.1080 – above resistance to limit risk
Risk Management: Maintain proper position sizing and adhere to stop-loss levels. Consistency and discipline are key to successful trading.
#CryptoTrading #TechnicalAnalysis #ALLO
ALLOUSDT
Perp
0.1084
-4.82%
