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LunaTradeOrbit
$ALLO remains under strong bearish pressure on the daily chart, trading around $0.3147 after a sharp rejection from the $0.5512 high.
Price is below the MA5, MA10, and MA20, signaling that bears still control the trend.
The $0.3090 level is key support—losing it could lead to further downside, while a recovery above $0.338–0.350 would be the first sign of improving momentum.
Stay patient, wait for confirmation, and always manage your risk. 📉
#DailyOrbit @OKX中文
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