$ALLO — Sharp Reclaim After Pullback, Bullish Structure Intact
$ALLO made a strong push into the 0.113–0.114 area before a quick pullback into the 0.105 demand zone. That dip was immediately bought, with price reclaiming ground and rotating back toward 0.11 — a clear sign of absorption, not distribution.
On the 1H timeframe, structure remains higher low → higher high. As long as price holds above 0.108, this looks like a continuation setup, not a failed breakout. Momentum is steady and constructive, favoring dip buys over chasing highs.
Trade Setup 👇
🟢 Entry Zone: 0.1080 – 0.1100
🎯 Target 1: 0.1140
🎯 Target 2: 0.1200
🎯 Target 3: 0.1280
🛑 Stop-Loss: 0.1045
Bias stays bullish while support holds. Patience and clean execution are key here.
