$ALLO USDT BULLISH SHORT-TERM SETUP
Technical Outlook:
ALLO is showing strong accumulation after a period of sideways movement. The higher low pattern indicates buyers stepping in at dips, suggesting potential upside continuation. Momentum is slowly building, and a breakout above the current consolidation zone can lead to a bullish run toward higher targets.
Long Entry:
Enter on a confirmed breakout above the consolidation range.
Take Profit Targets:
TP1: Immediate resistance level
TP2: Intermediate trend target
TP3: Major resistance extension
Stop Loss:
SL below the consolidation support zone to limit risk.
Risk Management:
Use controlled position sizing, maintain strict SL, scale out profits at targets, and avoid overleveraging during short-term swings.
