【$ALLO Signal】Long + 1H breakout retest confirmation, main force clearly intends to support the market

$ALLO The 1H timeframe has experienced a massive rally and is now consolidating at high levels, with prices strongly ranging around 0.1186. The 4H timeframe has formed three consecutive bullish candles, confirming a breakout of the previous consolidation zone, and the trend has shifted to bullish. The key point is: after a 28% surge, open interest (OI) remains stable, and the funding rate is negative (-0.0027%), which is a typical short squeeze structure, indicating that the short sellers are under passive liquidation pressure. Market depth shows buy orders (Bids) are stacked much thicker than sell orders (Asks), with an imbalance of 12.22%, demonstrating the main force’s firm intention to support the market.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter directly at the current price range of 0.1185 - 0.1190. Or wait for a pullback to 0.1150 - 0.1165 (1H EMA20 support) to add to the position in batches.

🛑Stop Loss: 0.1120 (break below the low of the previous 1H bullish candle, structure broken).

🚀Target 1: 0.1245 (near the previous high, partial profit-taking).

🚀Target 2: 0.1300 (extension target based on ATR measurement).

🛡️Trade Management:

- Position: Standard size. If entering at the current price, open 50% first; if it pulls back to around 0.1160, add another 50%.

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price (break-even). After reaching Target 2, reduce another 30%, leaving 20% of the position with a trailing stop to seek greater gains. If the price directly falls back into the entry zone, exit unconditionally.

Depth Logic: This is not just retail FOMO. The core is the triangle combination of 【Negative Funding Rate + Price Support + Stable OI】, indicating shorts are being squeezed, while the bullish main force has not exited. The 1H RSI (66.28) still has room to rise and is not overbought. The 4H RSI (61.86) has just entered a strong zone, with sufficient momentum. The current consolidation is healthy for rotation, preparing for the next wave of rally. Avoid missing out, target this short squeeze market.

Check real-time quotes 👇 $ALLO

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