$ALLO looking weak on the 4H timeframe after continuous lower highs and lower lows. Sellers still controlling the structure, and every small bounce is getting rejected quickly.
If price fails to reclaim the 0.0880 resistance zone, another downside sweep toward lower liquidity levels is possible. Momentum remains bearish until a strong breakout confirms reversal.
📉 Trading Plan SHORT: ALLO
Entry: 0.0855 – 0.0865
SL: 0.0892
TP1: 0.0820
TP2: 0.0790
TP3: 0.0750
Watch volume closely — weak buying pressure means bears may continue dominating the trend.
ALLO
--
--