ALLO is up nearly 10% on $35.6M volume. No major news. No influencer calls. Just a quiet 10% candle that most people missed.
📊 The Setup:
Price: $0.295 | RSI(4h): 62.7 (bullish lean, room to run)
7 SMA($0.287) > 25 SMA($0.272) = bullish crossover confirmed
MACD positive and expanding on 4h
🧠 Why This Is Interesting:
The daily RSI at 46.8 means there's still massive room on the higher timeframe. This isn't a "buy the top" situation — the 4h momentum just started while the daily is still recovering. That divergence between timeframes is where the best trades live.
L/S ratio at 0.67 = more shorts than longs. Short squeeze potential if price pushes above $0.30.
📋 Trade Plan:
• Entry: $0.289 – $0.302
• Stop Loss: $0.312 (tight, this is volatile)
• TP1: $0.307 | TP2: $0.319 | TP3: $0.331
• Risk/Reward: ~0.7:1 (aggressive)
⚠️ This is a volatile play — position size small.
💬 Have you traded ALLO before? Is this a real breakout or noise? 👇
#ALLO #CryptoTrading #DYOR
⚠️ Disclaimer: Not financial advice. High volatility asset. DYOR.