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$ALLO
ALLO - A turnaround setup is forming as price reclaimed the same bottom near 0.16632. Once 0.17682 breaks, this could ignite another strong upside run 📈
Trade Plan: Long $ALLO
✅ Entry: 0.165 – 0.175
⛔ SL: 0.16498
🎯 TP: 1️⃣ 0.22603 | 2️⃣ 0.27127 | 3️⃣ 0.33278
⚠️ Strategy: Use 0.1% stoploss amount of your total futures wallet
🧑💻 Why this Setup?
Buyers are stepping back in aggressively after defending a key support zone, while momentum continues improving across lower timeframes. Price action is showing signs of a bullish reversal and upside liquidity could be targeted quickly if breakout confirmation arrives. As long as $0.16498 stays intact, this setup remains valid.