📊 Order Book Battle: Bulls vs. Bears on ALLO!
Look at that order book! For ALLO/USDT, the Bids (Buy side) are dominating at 56.57% versus the Ask (Sell side) at 43.43%. This suggests a lot of buyers are stepping up trying to catch this falling knife around the $0.2943 level!
However, the 24h change of -34.69% and the huge volume show the sellers had the upper hand for most of the day.
The chart is screaming extreme volatility. Traders are fighting hard to hold the $0.22-$0.27 range as the new support. Keep a close eye on that volume—if it dries up, the price might consolidate. If a new wave of selling hits, look out below! Short-term moves are going to be sharp!
ALLOUSDT
Perp
0.1682
-5.18%
#CryptoTechnicals #ALLOAnalysis #OrderBook #SupportAndResistance #HighRisk
