Smart money is quietly absorbing the $ALLO dip following a sudden 1H liquidity sweep.

$ALLO — LONG

Trade Plan:

Entry: 0.370330 – 0.355000

SL: 0.341500

TP1: 0.379400

TP2: 0.397600

TP3: 0.446900

Why this setup?

Support Compression: Price is stabilizing immediately above the 24h low of 0.341500 after flushing local leverage.

Order Book Imbalance: Dominant buying interest is building up with bids heavily outnumbering asks at 67.94%.

Volume Metrics: Robust 24h trading volume of 239.56M ALLO ensures strong liquidity for a fast mean-reversion move.

Debate:

Will $ALLO reclaim the MA(7) tonight or retest the 0.341500 floor first?

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