$ALLO /USDC BEARISH STRUCTURE FORMING — BREAKDOWN RISK BELOW 0.1360
$ALLO ’s explosive rally is cooling off with price stalling under MA(25) and momentum flipping negative. MA(7) is flattening while MACD remains in bearish territory (DIF below DEA), signaling short-term weakness. Volume has declined after the spike — a classic sign of fading bullish pressure. A breakdown toward deeper support levels is increasingly probable.
📉 Trade Setup
Entry Zone (Short):
0.1360 – 0.1390
Take Profit Targets:
TP1: 0.1325 (MA(99) Support)
TP2: 0.1278
TP3: 0.1225
Stop Loss:
0.1435 (Above intraday resistance cluster)
📊 Short Market Outlook
Price is struggling to reclaim 0.1380–0.1425 resistance zone. As long as ALLO trades below MA(25), sellers maintain short-term control. A clean break below 0.1325 could trigger accelerated downside toward 0.1278 and 0.1225.
Bias remains bearish unless bulls push and hold above 0.1425 with strong volume confirmation.
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