$ALLO — Adding a short here as sellers are stepping in after the rejection from the 0.0868 high, driving price lower with clear profit-taking and bearish momentum building on this AI-tagged gainer perpetual pair.
The chart shows a strong rejection candle at resistance with lower highs forming post-pump, as the +11.50% daily surge on 44M ALLO volume appears exhausted and distribution is kicking in—now pulling back decisively below recent structure.
Order book tilted ask-heavy near current levels with bids not defending aggressively, support around 0.078-0.08 vulnerable to breakdown, and the structure leans bearish short-term following the overextended rally in this high-volatility AI play.
Short $ALLO
Entry: 0.0825 – 0.0835
SL: 0.0870
TP1: 0.0780
TP2: 0.0740
TP3: 0.0700
Sellers gaining control post-pump—bearish reversal momentum strong with more downside likely.
Trade $ALLO here 👇

ALLO
0.0913
+1.33%