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$ALLO Signal】1H breaks above the upper Bollinger Band, bullish momentum expanding
$ALLO 1H RSI 80.56, price breaks above the 4H upper Bollinger Band at 0.2935, MACD bullish momentum expanding across both timeframes, buying pressure continuously lifting the price, current price 0.30479.
🎯 Direction: Long
⚡ Entry/pending order: 0.30388 - 0.30479
🛑 Stop-loss: 0.30174
🚀 Target 1: 0.30936
🚀 Target 2: 0.31165
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop-loss up to breakeven. If the price falls back to the entry level, exit au