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【$ALLO Signal】Long | 4H Bullish Continuation, Capital Support Evident
$ALLO RSI 4H 68.37, buy depth 1.43, capital support characteristics significant. Current price 0.35716 is hugging the 4H Bollinger upper band, but intraday buying is continuously pushing up, limiting short-term pullback space.
🎯Direction: Long
⚡Entry/Pending Order: 0.3560885 - 0.3571600
🛑Stop Loss: 0.3535884
🚀Target 1: 0.3625174
🚀Target 2: 0.3651961
🛡️Trade Management: - Execution Strategy: Reduce position by 50% upon reaching Target 1, move stop loss to breakeven. If price falls back to entry, exit at breakeven.
4H MACD histogram continues to expand, 1H pullback quickly absorbed by buys, risk-reward ratio acceptable. Chasing highs requires attention to 1H pullback depth but has limited impact on trend.
View real-time quotes 👇 $ALLO
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