$ALLO Reaching the peak! 4-hour long bearish candle breaking through the head!

After a sharp surge, a vertical plunge:
With the concept of AI, the newly listed coin $ALLO (Allora) has a daily increase of +43.59% on paper, but a quick look at the real-time trend reveals that the bulls are actually beginning to falter. After forcibly pushing the price to a historic high of $0.4841, it was ruthlessly dumped by the main force with no supply, and now it’s rapidly plunging to around $0.3373, catching retail investors who chased the high completely buried!

4-hour large bearish candle giving back all gains:
The current 4-hour candlestick is forming an extremely ugly long bearish candle, with a volatility of 18.01%. This candle nearly erases the previous rebound, with high-volume stagnation at the top and an extremely long “upper shadow,” which is solid evidence that the main funds are topping out and fleeing, with chips fully distributed.

Severely detached from moving average support:
Although the current price is still not far below the 7-period moving average (MA7, about $0.38), the core support line below it (MA25) remains around $0.2431. This severely broken moving average structure indicates that short-term buying cannot support the current valuation at all.

When the liquidity of the entire network’s new concept coins dries up, they are often used as a last refuge for speculative capital. But once this “pump and dump” game peaks, the fall has no bottom. The high of $0.48 has become a short-term unreachable “ceiling.” If the short-term support at $0.33 is broken, profit-taking and panic selling will flood out wildly, directly triggering a chain of cascades, and the next station will undoubtedly be the rapid collapse of the moving average bottom at $0.24 - $0.26! #走势预测