$ALLO is making a strong move, currently trading around $0.3203 after a powerful rally. The 4H chart shows a sharp breakout from the $0.20–$0.25 consolidation zone, with buyers pushing the price toward the $0.3586 resistance.
After this massive move, a pullback is possible, so avoid chasing green candles. A hold above $0.3000 could support another attempt toward the recent highs.
LONG TRADE SETUP
Entry: $0.3000–$0.3150
TP1: $0.3300
TP2: $0.3500
TP3: $0.3580
TP4: $0.3800
Stop Loss: $0.2850
A confirmed breakout above $0.3586 could open the way for further upside. If price loses the $0.3000 support, reassess the setup.
Wait for confirmation and manage your risk carefully.
DYOR.
After this massive move, a pullback is possible, so avoid chasing green candles. A hold above $0.3000 could support another attempt toward the recent highs.
LONG TRADE SETUP
Entry: $0.3000–$0.3150
TP1: $0.3300
TP2: $0.3500
TP3: $0.3580
TP4: $0.3800
Stop Loss: $0.2850
A confirmed breakout above $0.3586 could open the way for further upside. If price loses the $0.3000 support, reassess the setup.
Wait for confirmation and manage your risk carefully.
DYOR.
