$ALLO just printed a strong impulsive breakout on the 1H chart, ripping from the 0.160 base straight into a 0.220 high before cooling to ~0.188. That’s a clean volatility expansion with +21% on the day.

Price is now holding above all key MAs (7, 25, 99), confirming a short-term trend shift to bullish. The long upper wick shows aggressive profit-taking at the highs, but structure remains constructive as long as price holds above the breakout zone.

Key levels to watch:

Support: 0.175 – 0.160

Resistance: 0.200 – 0.220

Holding above 0.175 keeps continuation in play. A loss of 0.160 would invalidate the breakout.