$ALLO — Short squeeze reinforces bullish momentum.

Long $ALLO

Entry: 0.4250 – 0.4350

SL: 0.4120

TP1: 0.4480

TP2: 0.4750

TP3: 0.5200

A fresh $2.39K short liquidation just hit ALLO at $0.43087, forcing bearish traders to cover positions as price pushed higher. While the liquidation size is modest, it confirms strengthening buyer momentum and signals that sellers are beginning to lose control of the short-term trend.

Price is holding above key support levels while attracting renewed buying interest on pullbacks. The forced buying generated by liquidated shorts adds additional fuel to the rally, creating favorable conditions for continued upside expansion.

If ALLO maintains the 0.4250–0.4350 support zone and breaks above 0.4480 resistance, momentum could accelerate toward higher targets. With bears under pressure and bullish sentiment improving, the path of least resistance remains firmly to the upside as buyers continue gaining control of the market.

The latest short squeeze adds to the growing evidence that bullish momentum is strengthening and that sellers are becoming increasingly vulnerable to further upside moves.