đ $ALLO/USDT Long Setup: Bullish Breakout đ
The market structure for ALLO is looking exceptionally strong. After a period of accumulation and higher lows, we have seen a massive volume-backed surge breaking through local resistance. The "Risk/Reward" box on the chart suggests a clear path for further upside.
⥠Trade Details:
Direction: LONG đą
Entry Zone: $0.1330 - $0.1345 (Current Market Price / Pullback to Support)
Leverage: 3x - 5x (Recommended for safety)
đŻ Take Profit (TP) Targets:
TP1: $0.1420 (First major psychological level)
TP2: $0.1480 (Intermediate resistance)
TP3: $0.1527 (Chart target - Major Supply Zone)
đĄïž Risk Management:
Stop Loss (SL): $0.1261 (Below the recent breakout candle and 15m structural support)
đ Technical Rationale:
Bullish Momentum: The price has surged +16.81% in 24h, showing strong buyer dominance.
Volume Expansion: Notice the significant spike in the volume bars at the bottom of the chart during the breakout; this confirms the move is backed by "Smart Money."
Support Flip: The previous resistance around $0.1330 is now acting as immediate support. As long as we hold above the red box ($0.1260), the bullish thesis remains valid.
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