$ALLO

ALLO

0.1072

-7.10%

USDT Short Setup

The broader structure remains weak. On the 4H timeframe, price is trading below all major EMAs, keeping the trend firmly bearish. The 1H chart confirms this downside bias with no signs of reversal. Momentum is now accelerating lower, as the 15m RSI has slipped below 50, indicating renewed selling pressure. This move acts as the trigger, with the daily range starting to break down.

Trade Plan (SHORT):

Entry: Market / retest zone at 0.109441 – 0.110643

Targets:

TP1: 0.106438

TP2: 0.105236

TP3: 0.102833

Stop-Loss: 0.113646

Bias remains bearish while price stays below the supply zone, with downside continuation favored toward the listed targets.