🔴$ALLO
ALLOUSDT
Perp
0.115
+4.73%
BEARISH SETUP: DOWNSIDE PRESSURE INCREASES
$ALLO is showing bearish signs after failing to sustain above the 0.1165 resistance zone. Price is currently testing support at 0.1149, and a breakdown below this level could trigger further decline toward key lower supports. Technical indicators suggest weakening bullish momentum, signaling continuation of the bearish trend.
Entry: Short below 0.1149 support
Targets:
TP1: 0.1100
TP2: 0.1070
TP3: 0.1050
Stop Loss: Above 0.1165 resistance
Risk Management: Risk 1–2% per trade; scale out partially at each target to protect profits.