$ALLO Flashes a Bearish MACD Crossover



$ALLO /USDT has printed a bearish MACD crossover on the 30-minute timeframe, indicating that bullish momentum may be fading as sellers begin to gain control. If selling pressure increases with higher volume, the pair could see additional downside. Wait for confirmation before entering a trade.

Trade Setup
Entry Zone: On a rejection from resistance or a confirmed breakdown below support.
Target 1: First intraday support.
Target 2: Previous swing low.
Target 3: Next major support level.
Stop Loss: Above the most recent swing high.

Stay disciplined, manage your risk carefully, and let price action confirm the trend.

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ALLO-1.59%
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