$ALLO /USDT BULLISH BREAKOUT SETUP
The pair is showing strong bullish momentum after holding above the Bollinger Middle Band (MB: 0.1652) and bouncing from the lower band. MACD is neutral but with a positive DIF crossover hinting at upward continuation. Immediate resistance lies near 0.1690, while support is at 0.1631.
Trade Setup:
- Long Entry: 0.1665-0.1670
- Take Profit Targets: 0.1695 / 0.1710
- Stop Loss: 0.1630
Risk Management: Keep risk under 2% of total capital per trade; trail SL as price moves in favor.
