$ALLO /USDT ⭐
ALLO/USDT chart on the 15-minute timeframe is showing signs of strength after a sharp upward move followed by a period of healthy consolidation.
🔍 Technical Analysis Overview
Strong Uptrend: Price recently made a strong impulsive move from the 0.1580 region toward the 0.1800 zone.
Consolidation After Rally: The market is currently forming a sideways range between 0.1700 – 0.1790, indicating buyers are absorbing selling pressure rather than exiting.
Higher Lows Structure: The candles continue to show buyers stepping in at slightly higher levels, a bullish sign.
Volume Decline During Pullback: Lower volume during the pullback phase suggests that sellers are not in full control.
📈 What’s Next?
If buyers maintain support above 0.1700, ALLO/USDT may attempt another breakout toward:
Immediate resistance: 0.1800 – 0.1830
Next target after breakout: 0.1900 region
However, a breakdown below 0.1700 may trigger a short-term correction back toward 0.1650–0.1620.
🎯 Summary
ALLO/USDT is currently setting up for a potential bullish continuation, but confirmation requires a clean breakout above 0.1800 with strong volume.
