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【$ALLO Signal】1H Breakout Acceleration + Momentum Persistence
$ALLO RSI 1H surged to 79.59, 4H MACD bullish bars continuously expanding. Bollinger Bands 4H widening, price running along the upper band. Sell depth -8.89% but buying support insufficient? Price keeps hitting new highs, funding rate 0.005% normal, no signs of overheating. Recent volume increasing, OI stable, short-term momentum not exhausted.
🎯Direction: long
⚡Entry/Limit Order: 0.353616 - 0.354680
🛑Stop Loss: 0.3511332
🚀Target 1: 0.3600002
🚀Target 2: 0.3626603
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically.
Current RSI is high but no divergence formed. Chasing longs requires caution for pullback, but momentum structure is intact, risk-reward ratio 1.5 acceptable. Market sentiment positive, short-term scalping continues.
View real-time quotes 👇 $ALLO
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