$ALLO Showing Weakness After Resistance Rejection – Downside Likely 📉

Trade Setup: SHORT

Entry Zone: 0.1680 – 0.1720

TP1: 0.1580

TP2: 0.1460

TP3: 0.1320

SL: 0.1815

Price is facing strong rejection near the 0.1780 resistance zone, failing to sustain momentum after an aggressive expansion move.

Short-term structure is beginning to weaken as volatility cools and late buyers appear trapped near local highs.

Bearish pressure is increasing while liquidity continues building below intraday support.

If sellers maintain control beneath 0.1720, a downside sweep toward the 0.1500–0.1460 region becomes increasingly likely.

Trade Here On $ALLO 👇

ALLO
ALLOUSDT
0.24739
-2.81%