I’m expecting $ALLO to make one more dip before continuing its move higher. Because of that, I’ve placed my buy orders in the $0.37 – $0.38 zone.
To be clear, this is not a short recommendation. I’m bullish on $ALLO and simply looking to accumulate at lower levels if the market gives the opportunity. There’s always a chance that price moves higher directly without filling these orders.
Trade Setup
Entry: $0.37 – $0.38
Stop Loss: $0.34
Take Profit Targets
🎯 $0.42
🎯 $0.46
🎯 $0.50
🎯 $0.60
🎯 $0.70
🎯 $0.80
As long as support holds, I remain bullish on $ALLO and will be watching for confirmation of the next leg up.
ALLOUSDT
Trvl
0.4592
-3.80%