$ALLO is trading within a volatile but constructive range on the 1H timeframe. Price recently swept liquidity below the $0.106–$0.107 area and quickly rebounded, signaling active demand at lower levels. The structure suggests range continuation with a slight bullish bias as long as key support holds.

Holding above the $0.1080–$0.1070 zone keeps the recovery intact and allows a move back toward range highs. A clean reclaim and acceptance above $0.1120 would confirm upside continuation, while a loss of $0.1070 would weaken the setup and open downside risk.

Targets:

$0.1120

$0.1150

$0.1200

Support: $0.1080 – $0.1070

Bias: Mildly bullish above support

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