$ALLO (4h): BULLISH BREAKOUT AHEAD
Expect ALLOUSDT to rise initially toward 0.3559, with potential targets at 0.3879 and 0.4298. The trend is positive, recovering from the recent low of 0.3123. Enter long near 0.3505 after confirming a bullish reversal candle or a break above 0.3559 resistance. Take profits at 0.3559, then scale out near 0.3879 and 0.4298 supply zones. Use a protective stop below 0.3123 to manage risk. Bias turns bearish if price breaks and holds below 0.3123, signaling further downside. Watch for order block rejections or fair value gaps near resistance for reversal signals before taking profits or adding to longs 🟢.
Expect ALLOUSDT to rise initially toward 0.3559, with potential targets at 0.3879 and 0.4298. The trend is positive, recovering from the recent low of 0.3123. Enter long near 0.3505 after confirming a bullish reversal candle or a break above 0.3559 resistance. Take profits at 0.3559, then scale out near 0.3879 and 0.4298 supply zones. Use a protective stop below 0.3123 to manage risk. Bias turns bearish if price breaks and holds below 0.3123, signaling further downside. Watch for order block rejections or fair value gaps near resistance for reversal signals before taking profits or adding to longs 🟢.