$ALLO is holding a key support zone after a prolonged pullback, with buyers attempting to build a fresh bullish reversal.

Long ALLO
Entry: 0.2490–0.2540
SL: 0.2425
TP1: 0.2800
TP2: 0.2995
TP3: 0.3185
TP4: 0.3370

The 1H chart shows price stabilizing around the 0.2490–0.2540 demand zone after dropping from the 0.33316 high. The recent reaction from 0.24635 suggests buyers are defending this area, while price is now trying to reclaim the nearby resistance.

A controlled retest of the entry zone could provide a cleaner continuation setup. As long as 0.2425 holds, the bullish recovery remains valid toward 0.2800, 0.2995, 0.3185 and 0.3370.
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