๐Ÿš€ $ALLO Long Setup Looking Strong! ๐Ÿ“ˆ
$ALLO has reclaimed the $0.38 zone after an impressive +11% move in the last 24 hours ๐Ÿ”ฅ
๐ŸŽฏ Entry: $0.3800 - $0.3870 ๐Ÿ›‘ Stop Loss: $0.3450 ๐Ÿ’ฐ Targets: $0.4650 / $0.5400 / $0.6150
๐Ÿ“Š Price has broken above the 1H upper Bollinger Band, signaling volatility expansion. Taker buy volume remains aggressive at 1.03, while funding stays negative โ€” a sign that trapped shorts could fuel the next move โšก
๐Ÿ“‰ Open Interest dropped 22% during the rally, suggesting profit-taking or a squeeze, but momentum remains intact. RSI is elevated yet still below overbought territory.
โš ๏ธ If $0.3450 breaks, the setup is invalid.
Trade $ALLO here ๐Ÿ‘‡
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