Allarity Therapeutics, Inc.
Largo

$ALLR (NASDAQ) Long Setup - Weekly Chart

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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

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