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$ALLO losing strength badly
Short $ALLO
Entry: 0.34 - 0.42
SL: 0.46
TP1: 0.30
TP2: 0.27
TP3: 0.23
TP4: 0.19
Why:
ALLO printed a massive rally to 0.485 before facing heavy selling pressure. The chart is now forming lower highs with consecutive bearish candles and declining momentum. Volume has started cooling off after the breakout, suggesting profit-taking is underway. As long as price remains below 0.365, a continuation toward lower support zones remains the higher probability setup.
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