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$ALLO Parabolic Expansion: Order Block Retest Before $0.2511 Continuation
📊 Market Bias: Strongly Bullish (Impulsive Trend Expansion)
Allo (
$ALLO /USDT) has delivered a powerful vertical surge on the 1-Hour timeframe, breaking out from a structural base near $0.2111 to execute a swift buy-side liquidity sweep up to $0.2511. Following this upward surge, price action is consolidating constructively near $0.2362, holding well above the 1H SuperTrend dynamic support floor ($0.2299). Market sentiment remains supported by ongoing expansion across decentralized prediction networks and real-world asset (RWA) tokenization infrastructures.
🎯 Trade Setup: LONG ON RETEST
Primary Plan: Enter a LONG position as price executes a controlled micro-pullback into the 1H Fair Value Gap (FVG) and discount demand area before starting its next expansion wave.
Entry Zone: $0.2280 – $0.2330 (Discount Demand / 1H FVG Retest Zone)
Stop Loss: $0.2240 (Placed safely below the 1H SuperTrend dynamic support floor at $0.2299)
Take Profit Targets:
TP1: $0.2511 (Local Swing High / Buy-Side Liquidity Peak)
TP2: $0.2680 (Key Horizontal Resistance Zone)
TP3: $0.2920 (High-Timeframe Macro Expansion Target)
Risk-to-Reward Ratio: ~1:2.8 (Calculated from optimal entry near $0.2305)
Trade Invalidation: Hourly candle closing below $0.2240.
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