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$ALLO

ALLO is showing a bullish liquidity signal after a $2.88K short liquidation at $0.23921. The key idea is to see whether price can hold above the liquidation zone and build support rather than immediately reject.


Entry Zone: $0.2370–$0.2415

Support: $0.2330 / $0.2260

Resistance: $0.2490 / $0.2580


TP1: $0.2490

TP2: $0.2580

TP3: $0.2690

Stop-Loss: $0.2280


My Take: The short liquidation can provide fuel for a continuation move, but confirmation above $0.2415 is preferable. If price loses $0.2330 with sustained selling pressure, the long setup weakens.


Invalidation: 4H close below $0.2280.


$ALLO

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