$ALLO /USDT – LONG SETUP (Binance | 1H)

Bias: Relief bounce / mean reversion after extended downside

Market Structure: Short-term bearish, but price is reacting from a demand zone → potential corrective upside if support holds.

📍 Entry Zone

0.1085 – 0.1105

(Previous intraday low + local demand area

🎯 Targets

TP1: 0.1135

TP2: 0.1180

TP3: 0.1235

(Scaling out recommended)

🛑 Stop Loss

0.1055

(Clear invalidation below demand)

🔑 Key Levels

Support: 0.1080 / 0.1055

Resistance: 0.1135 – 0.1180 – 0.1235

🧠 Technical Notes

Price is extended to the downside with consecutive lower lows.

Currently holding above intraday support, suggesting sellers may be weakening.

A hold above 0.1080 can trigger a relief bounce toward prior supply zones.

Best executed with confirmation (bullish candle / volume expansion) on lower timeframes.

Risk Management:

This is a counter-trend long, so keep position size conservative and respect the stop.

If you want, I can also format this exactly for Telegram / X post, or adjust it to 4H / scalp style.