Listen closely, this one is starting to wake up and I don’t want you late on it.
$ALLO is showing a clean bullish push on the chart. Price has been stepping higher with strong green candles and volume expansion, which tells us buyers are in control right now. After holding above the previous consolidation zone, price pushed into a new intraday high area, showing continuation strength rather than rejection. As long as this structure stays intact, upside attempts remain valid.
From a trade perspective, this setup favors a continuation move. Pullbacks into support are getting absorbed quickly, which is a healthy sign. Any shallow dip that holds structure can be used for positioning, while a breakdown below the key base would invalidate the bias.
Trade Setup (Long)
Entry: 0.1140 – 0.1150
Targets:
• 0.1180
• 0.1210
• 0.1250
Stop Loss: 0.1118
Short outlook: bias remains bullish in the near term, but failure to hold 0.112 could flip momentum and invite a deeper pullback. Manage risk and don’t chase.
