$ALLO ALLO has turned downward as expected, and the market has already shown clear signals of topping out and weakening. The price quickly fell from the high of 0.168, currently down more than 3%, and the TD sequence has reached Down:4, officially signaling a bearish downtrend. Although the contract holdings remain high, the position difference has quickly turned negative, with longs mainly taking profits and fleeing, and short-term bearish forces have already taken control of the market. Volume increased sharply at the end of trading, smashing out a long bearish candle, with a large number of long positions trapped at high levels, and the resistance at 0.161 has immediately become strong pressure. The previously warned high-risk fish tail risk has fully materialized, and once the support level at 0.155 is broken decisively, a deeper round of panic selling and retracement will begin, with the first target directly at 0.147 and strong support at 0.14. At this stage, it is strictly forbidden to catch falling knives for bottom fishing; the trend has already reversed. Be patient and wait for stabilization or a second breakdown confirmation. When trading contracts, strictly control position sizes and set stop-losses.

ALLO-5.73%
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