$ALLO /USDT BULLISH BREAKOUT SETUP WITH CONTINUATION POTENTIAL
The pair has shown strong upward momentum after a clean bounce from the intraday support zone, forming higher highs and higher lows on lower timeframes. Price action indicates sustained buying pressure with volume expansion, suggesting continuation toward the recent high breakout zone.
A successful hold above the immediate support region signals strength, while the recent rejection near the upper boundary hints at a minor consolidation before the next leg up. Structure remains bullish as long as support levels are respected.
LONG ENTRY: Above 0.1230 confirmation
TP1: 0.1275
TP2: 0.1320
TP3: 0.1380
SL: 0.1185
If price fails to hold support and breaks down:
SHORT ENTRY: Below 0.1185
TP1: 0.1140
TP2: 0.1090
SL: 0.1220
RISK MANAGEMENT:
Risk only 1–2% of total capital per trade. Avoid over-leveraging and wait for confirmation before entry. Adjust stop loss to breakeven after hitting first target.
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