🚀 $ALLO — Strong Uptrend and Buyer Defense

$ALLO is maintaining a clear uptrend, recovering from the 0.1475 low and pushing toward 0.1826 resistance. Buyers are actively defending key intraday support zones, creating a healthy structure with a series of higher lows.

Key Chart Zones (For Learning):

Support: 0.1680 – 0.1760 (buyers defending structure)

Resistance: 0.1826 – 0.1850+ (next area to watch for reaction)

Technical Takeaways:

Higher lows show consistent bullish defense

Price holding above support zones confirms a healthy trend structure

Momentum and volume help validate trend strength

Observing price behavior near resistance provides insight into potential continuation or pullbacks

This $ALLO setup is an excellent example for studying bullish trend structure, support defense, and how price builds momentum toward resistance.

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