$ALLO is printing a highly attractive cup and handle structural pattern on the 1-hour chart, as shown in 1000014075.jpg. The asset is holding a powerful 19.38% gain over the last 24 hours, backed by an immense trading volume of 86.09M. After finding a strong floor during its corrective phase, the price has reversed sharply and is now building localized bullish structure just below the main resistance. A decisive breakout above this consolidation level is expected to trigger a major upward extension to test the previous daily highs and macro targets.
* Target 1: 0.5000
* Target 2: 0.5593
* Target 3: 0.6200