Bullish $ALLO Long setup.
Entry: $0.2200 – $0.2350
TP: $0.2620 – $0.3027 – $0.3479
SL: $0.2100
$ALLO / USDT – Pro Trader Update
Market Overview
ALLO surged +97% from $0.1232 low to $0.3479 high, currently retracing to $0.2547. Volume remains strong (616M ALLO), confirming genuine interest. Price is trading below MA7 ($0.2620) but above MA25 ($0.2167) – healthy pullback phase.
Key Support & Resistance
Support: $0.2167 (MA25), $0.1856 (previous resistance), $0.1211 (MA99)
Resistance: $0.2620 (MA7), $0.3027 (mid‑level), $0.3479 (24h high)
Next Move
Expect consolidation between $0.2167–$0.2620. A reclaim of $0.2620 with volume targets $0.3027 then $0.3479. Loss of $0.2167 could test $0.1856.
Trade Targets (TG)
TG1: $0.2620 (MA7 resistance)
TG2: $0.3027 (liquidity zone)
TG3: $0.3479 (new high retest)
Short‑Term Insight (1–4h)
Momentum cooling, but higher lows forming. Look for entry near $0.2200–$0.2350. Stop below $0.2100.
Mid‑Term Insight (1–7d)
MA99 at $0.1211 is far below – trend is bullish. Any dip to $0.19–$0.21 is a strong accumulation zone for the next leg up.
Pro Tip
Wait for a bullish rejection candle (hammer or engulfing) at $0.2200–$0.2350 before entering. Do not short this retrace – buyers are likely to defend MA25. Tighten SL to breakeven once price clears $0.2620.