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$ALLO Bottoming out near 0.1757 or risks a drop if selling intensifies.
Long $ALLO
Entry: 0.1770–0.1810
SL: 0.1710
TP1: 0.1950
TP2: 0.2250
TP3: 0.2540
The price has experienced a significant flush down and is now trying to stabilize right above the 0.1757 multi-hour low. The heavy selling momentum has slowed down dramatically as demand starts to slowly creep back in at these discounted levels. If bulls can hold this base, we can anticipate a sharp short-squeeze or relief rotation back toward 0.1950 and 0.2250.
Trade $ALLO here 👇