Allarity Therapeutics, Inc.
Long
Updated

$ALLR (NASDAQ) Long Setup - Weekly Chart

639
ALLR is showing signs of a potential bullish reversal after an extended consolidation phase. Price has bounced strongly from a key weekly demand zone and is now holding above a significant support level, suggesting renewed buyers interest.

📍 Entry Zone: $1.03 – $1.26
🛑 Stop-Loss: $0.85 – $0.90 (below the recent swing low and structural support)
🎯 Targets:
• TP1 – $3.46
• TP2 – $3.81
• TP3 – $4.25

💰 Risk-to-Reward: Approx. 1 : 3.3
📈 Potential Upside: +233% if price reaches the full target zone

NFA
Trade active
Currently sitting on a 11% profit at $1.14 .

There´s a liquidity zone at 0.9 that might get filled , that´s 12% fall from our entry , and 24% from today. The liquidity zone was contemplated when the setup was posted.

If you fill safer move SL to your BE (if it reaches that most probably so the liquidity zone will be reached). You can get in again later.

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