Everyone’s focused on the downside of $ALLO right now… but I’m seeing something different on the charts.
$ALLO/USDT - LONG Setup
Entry: 0.4933 – 0.4953
Stop Loss: 0.4677
TP1: 0.5142
TP2: 0.5275
TP3: 0.5474
Why this one stands out:
15m RSI sitting at 40 — already in oversold territory, but the daily trend remains solidly bullish.
Entry around 0.4943 lines up with a clean support zone, and the 1h ATR is tight (~0.0085), so risk is well-contained.
TP1 at 0.5142 is roughly 4% away — solid reward with a decent probability bounce.
This could be the fakeout before the real move higher.
What do you think — catching the dip early or waiting for more confirmation? Drop your take below 👇