$ALLO (ALLORA) TECHNICAL SLIP 🧊📉
Allora ($ALLO) is currently struggling to find its footing, dropping -8.8% today. After failing to clear its 50-day moving average, the price has entered a local downtrend. Technical indicators suggest that the "sell-side" remains in control for now, and bulls will need to defend the previous monthly lows to prevent further slippage. 📉
"Are you waiting for a lower entry on $ALLO or is the trend broken? 👇"
Disclaimer: Educational purposes only. #dyor
#Allora #ALLO #TechnicalAnalysis #CryptoDrop
ALLO
0.1123
+15.65%