$ALLO /USDT – Bearish Continuation Likely After Failed Recovery

ALLO/USDT continues to move in a clear downtrend, with repeated rejection from the 0.230–0.245 zone. The price is failing to show strong bullish recovery, indicating that bearish momentum remains dominant.

As long as the price stays below the 0.230 resistance area, downside movement is expected.

Trade Setup (Short Position)

Entry Range: 0.205 – 0.215

Target 1: 0.188

Target 2: 0.172

Target 3: 0.155

Stop Loss (SL): Above 0.230

Short Outlook

The market remains under heavy selling pressure. Without a strong reclaim above 0.230, ALLO/USDT is likely to continue its downward move toward lower support levels.

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