【$ALLO Signal】Long - 1H pullback confirmation, 4H trend continuation

$ALLO The 1H timeframe is strongly consolidating above EMA20 (0.1114), just completing a pullback confirmation of the previous rally. The 4H EMA20 (0.1074) and EMA50 (0.1052) are in a bullish alignment, and the trend is intact. The current price is gathering strength above a key support level, combined with stable open interest, indicating the bullish pattern remains unbroken, waiting for the next pulse.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1115 - 0.1125 (Reason: 1H EMA20 support zone, dense area of previous hourly candle bodies )

🛑Stop Loss: 0.1095 (Reason: Break below 1H EMA50 and the previous low of 0.1101, a key support level )

🚀Target 1: 0.1185 (Reason: 4H previous high resistance level )

🚀Target 2: 0.1245 (Reason: 4H Fibonacci extension level 1.618 )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: 1H and 4H cycle resonance, risk-reward ratio >1.5 )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop-loss to entry price. Hold the remaining position for Target 2; if the price retraces to the entry zone, exit decisively.

Deep logic: Open interest remains stable and has not dropped significantly with the price correction, indicating that bullish positions are not panicking out. The 1H RSI (53.96) is in a healthy zone with room to move higher. Market depth shows limited pressure above sell orders (0.11221), with buy orders accumulating in the 0.1120-0.1121 range, providing immediate support. The 4H buy/sell ratio is near equilibrium, and there is no sign of one-sided selling pressure, which is favorable for bulls to regain strength.

View real-time market 👇 $ALLO

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #比特币反弹