$ALLO is approaching a zone where strong momentum meets an overheated RSI. The next reaction could reveal whether buyers can extend the move.
🟢 $ALLO – LONG
📍 Entry: 0.33804 — 0.33974
🛑 SL: 0.33032
🎯 TP: 0.34857 - 0.35629
📈 1H and 4H structure remain bullish with HH/HL formation, while buyers dominate taker volume and volume is running at 2.44× average. However, 4H RSI at 85.8 and the +30.67% 24h move leave the setup extended.
Will buyers push through resistance, or does the overbought momentum trigger a retest?
👇 Click here to Trade.
#FutureTarding
🟢 $ALLO – LONG
📍 Entry: 0.33804 — 0.33974
🛑 SL: 0.33032
🎯 TP: 0.34857 - 0.35629
📈 1H and 4H structure remain bullish with HH/HL formation, while buyers dominate taker volume and volume is running at 2.44× average. However, 4H RSI at 85.8 and the +30.67% 24h move leave the setup extended.
Will buyers push through resistance, or does the overbought momentum trigger a retest?
👇 Click here to Trade.
#FutureTarding
