$ALLO Primed for a Downtrend 📉
Short-term weakness confirms the mid-term downtrend for $ALLO. The 4H chart is bearish, price is below key moving averages, and the 1H RSI sits weak at 31.41 – persistent selling pressure is evident. Watch for a 15-minute RSI dip below 50 to trigger a high-probability short entry. A break below the 1H support could accelerate the move.
Entry: market at 0.106298 – 0.107364
TP1: 0.103632
TP2: 0.102565
TP3: 0.100432
SL: 0.11003
#CryptoTrading #ShortSetup #TechnicalAnalysis


ALLOUSDT
Perp
0.1098
-9.70%