$ALLO Showing Strong Breakout Momentum
$ALLO is breaking out of its recent consolidation phase with steady upside momentum and increasing volume, signaling potential continuation. The asset successfully defended the 0.0924 demand zone, forming a solid higher low — a key structural confirmation of bullish intent.
Price is now testing nearby supply levels while maintaining strength above the psychological 0.1000 mark, indicating sustained buyer control.
➡️Bullish Indicators:
Clear rebound from the 0.0924 support with a confirmed higher low
Rising spot and perpetual volume backing the move
Price sustaining above the 0.0980–0.1000 breakout region
Strong bullish market structure across lower timeframes
➡️Upside Targets to Watch:
0.1050 – Immediate resistance level
0.1120–0.1200 – Momentum expansion zone
0.1350+ – Extension target if volume accelerates further
The structure remains constructive as long as price holds above the breakout zone, with buyers currently maintaining short-term control.
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