$ALLO /USDT BEARISH MOMENTUM CONTINUES – PRICE FACES DOWNSIDE PRESSURE!
The $ALLO
ALLO
0.1052
+0.28%
/USDT pair is showing signs of bearish continuation after failing to hold above the 0.1106 resistance level. Selling pressure has picked up, pushing the price toward the lower support zone at 0.1031. Immediate price action suggests further downside risk unless the bulls reclaim 0.1100 decisively.
Trade Setup:
Short Entry: 0.1070 – 0.1065
Take Profit (TP): 0.1035 / 0.1025
Stop Loss (SL): 0.1108
Market Outlook:
The overall trend remains bearish in the short term. Sellers dominate near resistance zones, and any small pullbacks could offer further shorting opportunities. Traders should watch key support at 0.1031 closely for potential reversal signals.