$ALLO Quick Short Idea
Price faced a sharp rejection near the recent top, followed by a sequence of lower highs, pointing to short-term weakness. Selling pressure is starting to build on lower timeframes.
Short Trade Setup
Entry Zone: 0.0975 – 0.1000
🎯 TP1: 0.0920
🎯 TP2: 0.0885
🛑 Stop Loss: 0.1035
Bearish bias remains valid as long as price stays below the 0.100 – 0.102 resistance range. Manage risk accordingly.
