$ALLO 4H COMPRESSION POINTING TO A STRONG UPSIDE MOVE 🔥
Entry: 0.4052 - 0.4084 🔥
Target: 0.4268 - 0.4601 🚀
Stop Loss: 0.3802 ⚠️
Price has been consolidating in a tight 0.4052-0.4084 range on the 4H chart for multiple candles — classic accumulation before a liquidity grab. The RSI just pushed above 60, matching the momentum that preceded the last major leg up. Volume is contracting inside the range, which often precedes an explosive move.
This zone shows clear buyer interest, with stop-loss clusters likely stacked above the target levels. If we break above 0.4084 with conviction, the path to 0.4268+ opens quickly. Are you entering inside the range or waiting for a breakout confirmation?
Not financial advice. Always manage your risk.
#ALLO #BreakoutSetup #Crypto #TightConsolidation 🔥