$ALLO gave a massive breakout… and now we’re in the pullback phase 👀
On the 1H chart, $ALLO exploded from around 0.10 to 0.1698 — strong momentum, clean vertical move, heavy volume behind it. But after tagging the high, sellers stepped in hard and we’re seeing a steady correction back toward 0.13 zone. Classic post-pump retrace.
Right now price is sitting near 0.129–0.130. The key level to watch is 0.123–0.125. If that holds as support and forms a higher low, we can see another push toward 0.15+. Lose that area, and deeper retrace toward 0.115 is likely.
Trade Setup (Futures – High Volatility)
Entry: 0.125 – 0.132
SL: 0.119
TP1: 0.148
TP2: 0.160
TP3: 0.180
Leverage: max 5–10x
Momentum reasoning: strong breakout structure, now retracing into prior demand zone. Watching for higher low confirmation before continuation.
ALLO
0.1064
-11.33%