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Retail traders are busy chasing old pumps while this compression pattern is quietly building the launching pad for the next leg up.
$ALLO - LONG
Trade Plan:
Entry: 0.404500 - 0.408500
SL: 0.367500
TP1: 0.435000
TP2: 0.485000
TP3: 0.532500
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 52.45 (room to run). ATR 1h is 0.008450—tight squeeze priming for a breakout. Entry zone: 0.404500 - 0.408500. First target 0.435000.
Debate:
Is this the quiet accumulation phase before a massive squeeze, or are we just consolidating before another retest of the lower macro support?
$ALLO