$ALLO /USDT TECHNICAL ANALYSIS – BULLISH BREAKOUT IN SIGHT
$ALLO /USDT is showing strong bullish momentum after breaking key resistance levels. The pair has retraced from its recent low and is forming higher highs and higher lows, indicating potential continuation to the upside. EMA and MA align in a bullish trend, while MACD signals increasing buying pressure. BOLLINGER Bands show expansion, suggesting volatility and potential for a strong upward move.
Trade Setup:
Long Entry: 0.1820 – 0.1850
Target 1 (TP1): 0.2200
Target 2 (TP2): 0.2400
Stop Loss (SL): 0.1600
Risk Management: Keep exposure to 2-3% of total capital per trade. Adjust SL dynamically as price moves in favor to lock in profits.
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ALLOUSDT
Perp
0.178
+13.73%
