$ALLO /USDT BULLISH BREAKOUT ANALYSIS
$ALLO has confirmed a strong bullish continuation after reclaiming key moving averages and showing aggressive buying volume. Price is trading above MA(7), MA(25), and MA(99), indicating a clean trend shift with momentum favoring further upside. The recent surge in volume supports the breakout, suggesting continuation rather than exhaustion.
• MARKET STRUCTURE:
A clear higher-high formation is visible, with strong demand stepping in from lower support zones.
• MOVING AVERAGES:
MA(7) > MA(25) > MA(99) signals a fully aligned bullish structure.
• VOLUME PROFILE:
Rising volume confirms active participation from buyers, validating the breakout.
• BIAS: Bullish continuation expected as long as price sustains above the mid-range support.
---
LONG ENTRY SETUP
Entry: On a retest of support zone
TP1: Break of recent high
TP2: Mid-range extension
TP3: Major resistance above
SL: Below the support zone / structure invalidation
---
RISK MANAGEMENT
Use strict position sizing (1–2% risk), avoid over-leveraging, and move SL to breakeven after TP1 hits.
---
#CryptoAnalysis #AltcoinSetup #BreakoutTrading #TechnicalAnalysis #ALLOUSDT