$ALLO

ALLOBSC
ALLO
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ALLO is currently trading near 0.084, after a sharp decline from the 0.12–0.13 zone, indicating strong bearish pressure in the recent 4H structure. The price formed a capitulation wick near 0.078, which now acts as short-term support. Volume increased during the drop, suggesting panic selling rather than healthy distribution. Price is consolidating above support, which may lead to a relief bounce, but the overall trend remains weak. Immediate resistance lies at 0.088–0.092, while a breakdown below 0.078 could extend losses. Spot traders should wait for confirmation and avoid chasing.Always DYOR. #ALLO #WhoIsNextFedChair