$ALLO

ALLO
0.3619
-7.70%
/USDT BULLISH BREAKOUT CONTINUATION
The pair is consolidating just below a key resistance zone after a strong impulsive move, indicating bullish momentum is still active. A breakout above the current resistance area can trigger continuation toward higher liquidity zones.
LONG ENTRY: 0.4630 (on breakout confirmation above resistance)
TARGETS: TP1: 0.5130
TP2: 0.5593
TP3: 0.5730
STOP LOSS: 0.4330 (below recent consolidation support)
If price fails to hold above breakout level, rejection may lead to a corrective pullback, so confirmation is important before entry.
RISK MANAGEMENT: Risk only 1–2% of total capital per trade and avoid overleveraging during breakout volatility.
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