$ALLO Signal】1H pullback followed by multiple entries, EMA20 support


$ALLO 4H MACD histogram shortened for three consecutive bars, RSI fell from the overbought zone to 60.7. After the 1H pullback to around EMA20 (0.4403), buyers rebounded. Current price is 0.4635. Order book depth leans bearish, but the funding rate is only 0.005%; no panic is seen in long positions.

🎯Direction: Long

⚡Entry / limit orders: 0.4621 - 0.4635

🛑Stop loss: 0.4403

🚀Target 1: 0.4983

🚀Target 2: 0.5157

🛡️Trade management: After reaching Target 1, cut position by 50% and move the stop loss up to break-even. If price drops back to the entry zone, automatically exit.

Current position risk-reward ratio is 1.5; the stop-loss distance is reasonable, and market sentiment is calm.

Check live quotes 👇 $ALLO
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ALLO7.05%
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