🔥 $ALLO Strong Recovery After Liquidity Sweep – Uptrend Resuming


$ALLO just recorded a strong liquidity sweep around the 0.107 zone before bouncing back impressively. Immediately after this shakeout, buying pressure appeared decisively, showing that the bulls quickly regained control and pushed the price close to the upper resistance zone.
The rapid recovery after the sweep is a positive signal, indicating that capital is returning and market sentiment is leaning towards an uptrend in the short term. If the upward momentum continues, ALLO can fully extend the recovery to higher levels.
📌 Trading Plan (Long)
⟶ Entry zone: 0.112 – 0.115
⛔ Stop Loss: 0.108
• TP1: 0.118
• TP2: 0.122
• TP3: 0.128
As long as the price stays above the 0.108 zone, the short-term bullish structure remains intact. Investors should manage their capital carefully and consider partial profit-taking to maximize gains as the price approaches target zones. The trend is leaning towards buyers… monitor the price reaction at the resistance zone to confirm the next breakout momentum.
RWA1.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin