$ALLO 《ALLO Plummets 14.98%! Bearish Trend Completely Crushes, Boldly Short to Make Big Money!》
I. Background: The Value of Air Tokens Plummets to Zero After Crash
ALLO plummeted over 97% from the high of 0.8096 to 0.2021, representing a typical scenario of "pure emotional speculation + instant capital flight" in the air token crash. Without any ecological, technical, or team support, the rise relied solely on speculation, and the trend of zeroing out value after the crash is clear.
II. Trend: Destructive Bearish Pressure from a Technical Perspective
From the daily chart:
- Formational cliff breakdown: Vertical drop from the high with no support levels;
- Extreme volume release: Trading volume surged during the crash, with capital completely fleeing;
- No indicator support: Lacking technical indicators like MA, RSI, etc., the downward space is unlimited.
III. Reasons to Short
1. The essence of air tokens: No value support, zeroing out is the inevitable outcome;
2. Technical collapse: Broke below the crucial support of 0.20, with no resistance below;
3. Total panic in sentiment: Retail investors chasing highs get trapped, panic selling pressure continues to release.
IV. Predictions for Future Fluctuations
- Short-term (1-3 days): Targeting the range of 0.15-0.10;
- Medium-term (1-1 week): Very likely to completely reach zero.
Boldly short to seize the zeroing dividend