$ALLO /USDT – Bearish Continuation Setup After Support Break

ALLO has broken below the 0.2000 support zone and is now trading around 0.1974, showing clear downside momentum on the 15m timeframe. Sellers are in full control, and the structure is forming lower highs with strong bearish candles pushing toward the next demand zone.

Trade Setup (Short Position)

Entry Range: 0.1970 – 0.1990

Target 1: 0.1925

Target 2: 0.1880

Target 3: 0.1835

Stop Loss (SL): Above 0.2050

Short Outlook

ALLO remains weak after losing a key intraday support. As long as price stays below 0.2000–0.2050, continuation toward the 0.1920 and 0.1880 zones is likely. A clean breakdown structure favors further decline in the coming sessions.