📉$ALLO is showing fresh bearish pressure with a 1-sequence short setup, backed by $11K in short volume. Sellers are stepping in around 0.32645, but further confirmation is needed.
🎯 Short Entry Zone:
0.3255 – 0.3275
Targets:
🎯 TP1: 0.3220
🎯 TP2: 0.3180
🎯 TP3: 0.3120
🛑 Stop Loss:
Close above 0.3310
📊 Trading Logic:
Prefer a rejection from the entry zone before entering. A second short sequence with increasing volume would strengthen the bearish setup.
⚠️ Risk Note:
ALLO has relatively low average volume, so sudden volatility and reversals are possible. Keep leverage controlled and position size disciplined.
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