【$ALLO Signal】Pullback to Long + 1H strong consolidation, preparing for a second upward move

The 1H timeframe has experienced a massive rally and is now consolidating strongly in a flag pattern at high levels. A single massive bullish candle on the 4H chart confirms an upward trend. The current price is supported above the 1H EMA20 (0.1312). The RSI on the 1H chart (59.89) is healthy and showing a pullback, which is a typical strong upward continuation pattern. Open interest remains stable, funding rates are healthy, and the bullish pattern remains intact.

🎯Direction: Long $ALLO Long(

🎯Entry/Order: 0.1345 - 0.1360 )Reason: Support zone at 1H EMA20 and lower boundary of current consolidation(

🛑Stop Loss: 0.1295 )Reason: Break below previous correction low of 0.1318 and support at the middle of the 4H bullish candle(

🚀Target 1: 0.1450 )Reason: Previous high resistance and upper boundary of 1H flag pattern(

🚀Target 2: 0.1550 )Reason: 0.618 Fibonacci extension of the previous upward wave(

🛡️Trade Management:

- Position Size Recommendation: Standard position )Reason: Clear 4H trend, well-defined 1H structure, risk-reward ratio >2(

- Execution Strategy: After reaching 0.1450, reduce position by 50% to lock in profits, and move the stop loss on the remaining position up to the entry price of 0.1345. If the price fails to break 0.1450 and falls back into the entry zone, exit all positions.

Deep Logic: A single candle with a volume surge on the 4H chart is a clear signal of main capital entering. Currently, the buy-side depth (bid_ask_ratio_depth: 1.25) is favorable, with an order book imbalance of 11.06%, indicating strong support below. Although the 4H RSI (71.95) is high, it shows no divergence. Coupled with stable increasing open interest, this is a typical scenario where incremental funds drive the market. A pullback is a good entry opportunity.

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