$ALLO is consolidating above support after a sharp rejection wick and is now printing higher lows on the 15m timeframe. Buyers are defending the 0.391–0.392 area, making a continuation move toward resistance more likely.

Trade Setup: Long

Entry Zone: 0.391 - 0.393

SL: 0.385

TP1: 0.400

TP2: 0.405

TP3: 0.411

Move SL to breakeven once TP1 is reached. If price loses 0.385 with a strong candle close, the bullish setup is invalidated.

ALLO
ALLOUSDT
0.38636
+2.27%