$ALLO /USDT – RANGE BASED BULLISH REVERSAL

Price is trading inside a tight range after a controlled pullback, with sellers failing to push below the 0.114 support zone. Multiple rejections from the lower area show demand is active, and the structure suggests accumulation rather than breakdown. As long as price holds above this base, a bounce toward the upper range remains likely.

Trade Setup (Long):

• Entry Range: 0.1145 – 0.1155

• Target 1: 0.1180

• Target 2: 0.1210

• Target 3: 0.1245

• Stop Loss (SL): 0.1125

Market Outlook:

Short-term bias is bullish while price holds above support. A clean push above the range high can trigger momentum continuation toward higher resistance levels.