$ALLO is testing key support near $0.101, showing signs of consolidation after recent selling pressure. While the short-term trend has been bearish, buyers are stepping in around this level, creating a potential bounce. A decisive move above $0.104 could trigger a reversal toward $0.107–$0.108. Traders should be ready for both scenarios, as momentum will dictate the next move.

Trade Setup:

Entry Zone (Long): $0.101 – $0.102

Take Profit 1: $0.104

Take Profit 2: $0.107

Stop Loss: $0.099

Entry Zone (Short): $0.104 – $0.106

Take Profit: $0.101 – $0.100

Stop Loss: $0.107

$ALLO is at a critical inflection point. On 1H and 4H charts, the momentum is mixed: support at $0.101 is holding, but $0.104–$0.106 will be decisive. Watch volume for confirmation—a break above $0.104 with strong buying pressure could spark a bullish retracement, while failure here keeps bears in control.

Buy and trade here on $ALLO

ALLO

0.0861

-7.01%

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