Trading Plan Long $ALLO
$ALLO just broke above the 1H upper Bollinger Band, indicating an expansion leg.
Entry: $0.46700-$0.47800
Stoploss: $0.44950
Targets: $0.48900 / $0.51500 / $0.54800
ALLO is tapping into the 0.476 resistance after a strong push, soaking up sell-side liquidity. The EMA21 is holding as dynamic support on the 1H, with buyers aggressive as seen by the 1.19 taker buy volume ratio. Smart money is positioned long at 1.51, suggesting further upside after this consolidation. Lose $0.44950, thesis dead.
Trade $ALLO here 👇
$ALLO just broke above the 1H upper Bollinger Band, indicating an expansion leg.
Entry: $0.46700-$0.47800
Stoploss: $0.44950
Targets: $0.48900 / $0.51500 / $0.54800
ALLO is tapping into the 0.476 resistance after a strong push, soaking up sell-side liquidity. The EMA21 is holding as dynamic support on the 1H, with buyers aggressive as seen by the 1.19 taker buy volume ratio. Smart money is positioned long at 1.51, suggesting further upside after this consolidation. Lose $0.44950, thesis dead.
Trade $ALLO here 👇