【$ALLO Signal】Long + 1H Breakout and Retest Confirmation, Main Force Clearly Protecting the Market

$ALLO The 1H timeframe has experienced a massive rally and is now in a strong consolidation at high levels. The price has stabilized above the 1H EMA20 (0.1064), and the 4H timeframe has formed a three consecutive bullish breakout pattern, indicating a shift from weak to strong trend. The key points are: negative funding rate (-0.0016%) + OI remains stable at a high level of 67 million + the price remains firm. This is a typical short squeeze or main force market protection feature, with short covering pressure still present. The order book shows a slightly thicker sell wall (81,000 lot order at 0.11828) than buy orders, but the price has not fallen, indicating strong buying support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1170 - 0.1180 (Enter near the current price or wait for a slight retest)

🛑Stop Loss: 0.1120 (Below the start of the large bullish candle on the 1H and EMA50 support)

🚀Target 1: 0.1250 (Previous high resistance area)

🚀Target 2: 0.1320 (Extension target based on ATR measurement)

🛡️Trading Management:

- Position: From light to standard size. Hot Coin is highly volatile, avoid heavy positions.

- Execution Strategy: After reaching 0.1250 (Target 1), reduce position by 50%, and move the stop loss of the remaining position to the entry price of 0.1180 (break-even). If the price strongly breaks through 0.1250 and stabilizes, hold the remaining position towards 0.1320. If the price fails to hold above 0.1250 and falls back, exit all positions.

(Depth Logic: 1H RSI (68.93) is in the strong zone but not overbought, with room for further upside. 4H RSI (61.53) has just entered the strong zone, indicating the trend is in its early stage. Although the buy/sell ratio is near balance, OI remains stable during the price increase, suggesting it is not purely retail chasing highs, possibly with institutional funds locking in positions. The 0.1120-0.1140 zone below (yesterday’s high and 1H dense trading area) forms a strong support, making it an ideal defensive position. )

Check real-time market 👇 $ALLO

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