$ALLO INVERSE HEAD & SHOULDERS NECKLINE RETEST IN PLAY 🔥
Entry: 0.342 - 0.363 🔥
Target: 0.385 🚀
Stop Loss: 0.328 ⚠️
The structure is textbook — a clean inverse head & shoulders with the right shoulder showing clear bullish divergence. Price is now retesting the neckline inside the green entry zone while volume profile confirms accumulation at these levels. The measured move from the pattern targets 0.385 as the first leg, with further extension potential beyond.
The bullish divergence on the RSI and the structural shift from bearish to bullish make this a high-probability setup with a solid risk-to-reward ratio. Are you taking the entry at the neckline or waiting for a full breakout confirmation?
Not financial advice. Always manage your risk.
#ALLO #InverseHeadAndShoulders #LongSetup #Breakout #Crypto
🔥
Entry: 0.342 - 0.363 🔥
Target: 0.385 🚀
Stop Loss: 0.328 ⚠️
The structure is textbook — a clean inverse head & shoulders with the right shoulder showing clear bullish divergence. Price is now retesting the neckline inside the green entry zone while volume profile confirms accumulation at these levels. The measured move from the pattern targets 0.385 as the first leg, with further extension potential beyond.
The bullish divergence on the RSI and the structural shift from bearish to bullish make this a high-probability setup with a solid risk-to-reward ratio. Are you taking the entry at the neckline or waiting for a full breakout confirmation?
Not financial advice. Always manage your risk.
#ALLO #InverseHeadAndShoulders #LongSetup #Breakout #Crypto
🔥