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$ALLO Bullish Breakout – Strong Momentum with Continuation Potential...
Long
$ALLO Entry: $0.0615 – $0.0625
Stop Loss: $0.0585
Targets:
Take Profit 1: $0.0650
Take Profit 2: $0.0685
Take Profit 3: $0.0720
$ALLO /USDT has broken out of its recent consolidation range on the 1H timeframe with strong bullish momentum. Price is forming higher highs and higher lows after defending the $0.0550 demand zone, signaling accumulation and a potential continuation move. Buyers are firmly in control, and as long as price holds above $0.0600, upside targets remain favorable.
Why This Setup:
Strong bullish candles and increasing momentum indicate continuation potential. The $0.0600 area now acts as a key support, making this a high-probability long setup.
Debate Question:
Can ALLO hold above $0.0620 and continue trending, or will it retest the breakout zone first?
💹 Buy and Trade ALLO here 👇
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