【$ALLO Signal】Pullback to buy! 1H pullback confirmation, clear signs of main force supporting the market

$ALLO The 1H timeframe is currently in a healthy correction phase after a strong rally, with the price retracing above the resonance support zone formed by the 4H EMA20 (0.0976) and the 1H EMA50 (0.1001). The current 1H RSI (48.98) has fallen from the overbought zone to neutral, gathering strength for another upward move. Market depth data shows buy order dominance (0.61), and open interest (OI) remains stable, with no signs of main force fleeing. This is a typical strong consolidation structure.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1025 - 0.1035 (Reason: The current price has entered the 1H EMA20 support zone and is near the previous wave’s 0.382 Fibonacci retracement level )

🛑Stop Loss: 0.0995 (Reason: Break below the key support of 4H EMA20 and the previous 1H candle low, structure broken )

🚀Target 1: 0.1100 (Reason: Previous high resistance area, also the previous consolidation platform on the 1H timeframe )

🚀Target 2: 0.1165 (Reason: Previous high on the 4H timeframe, breaking through could trigger a new rally )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin experiences high volatility, risk control is essential )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks above 0.1100 and stabilizes, consider aiming for Target 2 at 0.1165.

Depth logic: Over the past 24 hours, the increase has exceeded 8%, with volume and price rising together. Although the latest 1H candle buy ratio (0.39) is relatively low, the price has not fallen sharply, indicating effective absorption of selling pressure and possible main force support or accumulation. The 4H channel is clearly upward, with an overall bullish trend. Combined with stable OI and positive depth data, the pullback is an opportunity.

View real-time market 👇 $ALLO

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