$ALLO / USDT Analysis: Strong Breakout Holds, Momentum Intact ๐
Price is trading at $0.0819, up over +31.46%, confirming a decisive breakout with strong follow-through. The ability to hold above the breakout zone indicates firm buyer control and suggests readiness for continued upward movement.
Key Levels:
ยท Support: 0.0750 | 0.0622
ยท Resistance: 0.0820 | 0.0900
Trade Plan:
ยท Entry Zone: 0.0750 โ 0.0819
ยท Take Profit 1: 0.0820
ยท Take Profit 2: 0.0900
ยท Take Profit 3: 0.1000
ยท Stop Loss: 0.0600
Outlook:
With momentum firmly bullish, a retest of the support zone near 0.0750 could offer a favorable long entry. The initial target aligns with the immediate resistance, while extended targets reflect projected Fibonacci and psychological levels. A break below 0.0600 would invalidate the bullish structure.
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