📈 *Important Update for $ALLO * 📊
$ALLO shows strong movement after liquidity sweep near the demand zone of $0.110–$0.112, followed by a sharp rebound and recovery of the level $0.117–$0.118. This movement confirms the strength of buyers and the potential continuation of the upward trend.
_Trade Setup_:
- _Buy Entry Point_: $0.1165 – $0.1185 📍
- _Profit Taking Targets_:
- _Target 1_: $0.1230 🚀
- _Target 2_: $0.1270 📈
- _Target 3_: $0.1299 💥
- _Stop Loss_: $0.1128 ⚠️
_Technical Analysis_:
- _Bullish Momentum_: $ALLO shows strong bullish momentum with the recovery of key levels 🔄.
- _Bullish Continuation_: As long as the price remains above support, the bullish scenario remains valid, and an upward expansion towards the next resistance area may occur 📈.
The currency shows potential for an upward movement with the possibility of bullish action 🚀.
