【$ALLO Signal】Long - 1H pullback confirmation, main force clearly intends to support the price

$ALLO The 1H timeframe experienced a violent surge of 17% yesterday and is currently in a healthy flag consolidation phase. The price is consolidating with decreasing volume between 0.107-0.111, with the 1H EMA20 (0.1051) forming a strong dynamic support. The 4H level has stabilized above all moving averages, with EMA20 (0.0974) and EMA50 (0.0886) forming a bullish alignment, establishing the trend. Currently, the order book depth shows buy orders far exceeding sell orders (imbalance of 40.47%), and open interest remains stable, indicating that the main force has not exited but is repositioning at high levels to accumulate for the next rally.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1090 - 0.1100 (Reason: Support zone at the lower edge of the 1H flag, pullback to EMA20_1H)

🛑Stop loss: 0.1060 (Reason: Break below the lower edge of the flag and previous low at 0.10732, invalidating bullish structure)

🚀Target 1: 0.1165 (Reason: Previous high resistance level, also yesterday’s high)

🚀Target 2: 0.1220 (Reason: 1.618 extension based on ATR measurement)

🛡️Trade management:

- Position size suggestion: Standard position (Reason: 4H trend established, 1H structure clear, risk-reward ratio >1.5)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1100. If the price strongly breaks through 0.1165, move the remaining stop loss to hold and aim for Target 2.

Depth logic: Data is king. Although the 1H RSI (71.9) is somewhat high, it can be tolerated in a strong trend. The key is capital flow: open interest (OI) remains stable during price consolidation at high levels, indicating that it’s not purely retail FOMO but that funds are actively absorbing. The order book shows over 70,000 USDT worth of buy orders near 0.1099, forming a solid defense line. Coupled with market logic indicating “price rising, main force entering,” this aligns with the typical “rally- consolidation- rally again” short squeeze/main force control model. The risk lies in a broader market correction, but $ALLO’s own capital structure is sufficient to support a short-term independent surge.

View real-time market 👇 $ALLO

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