🔥
$ALLO Testing the Institutional Pivot Zone — Recovery Rally or Another Rejection?
⏰ Timeframe Analyzed: 15-Minute (15M)
📊 Market Bias: Neutral → Bullish
$ALLO is attempting to reclaim short-term momentum after defending the 0.3536 liquidity low. Price has recovered above the MA25 and is currently challenging the descending MA99, which remains the key trend filter on this timeframe.
🎯 Trade Setup
🟢 LONG Setup
Entry Zone: 0.3670 – 0.3695
Stop Loss: 0.3620
🎯 TP1: 0.3740
🎯 TP2: 0.3810
🎯 TP3: 0.3949
📈 Risk : Reward: 1:1.6 → 1:4.5
❌ Trade Invalidation:
A confirmed 15M candle close below 0.3620 would invalidate the bullish recovery scenario.
🔴 SHORT Scenario
If price rejects aggressively from the 0.3700-0.3720 resistance cluster and loses 0.3660, sellers could target 0.3600 and 0.3536 liquidity.
#ALLO #ALLOUSDT #ALLOCoin #AlloToken #ALLOUSDT