$ALLO SHORT/LONG (Decision Zone - Test MA99)
Just look at ALLO (Allora), what a strong recovery move—rising from the bottom at 0.1974 to 0.3063, up +16.33% in 24h and +55% from the low. The current price is testing the MA99 right now (0.3147)—this is extremely important resistance that will determine the trend.
The most important point: The price has already broken above MA7 (0.255) and MA25 (0.2382), but it is now approaching MA99 (0.3147). This is the battle zone that matters. If it breaks through MA99 with strong volume, there’s a high chance it will continue up to retest the 0.35–0.40 area. Conversely, if it gets rejected at MA99, the price may turn back down toward MA7 (0.255) or even MA25 (0.238).
The trap here is that many folks see a +55% bounce from the bottom and think, "Reversal now—go Long." But in reality, this could still just be a technical rebound (dead cat bounce) within the larger downtrend from the peak of 0.5512. Looking at the order book on the left, there’s a SELL WALL in the 0.3069–0.3078 range (27.43K + 3.57K + 1.58K + 2.08K + 3.24K + 803 ALLO = ~38K ALLO)—that’s short-term resistance. The trapped supply from the 0.35–0.55 zone is waiting to dump on every rebound to cut losses.
Volume is at a moderate level (1.669M ALLO, 506K USDT)—we need to watch whether it’s strong enough to break MA99.
$TAO $DASH
Just look at ALLO (Allora), what a strong recovery move—rising from the bottom at 0.1974 to 0.3063, up +16.33% in 24h and +55% from the low. The current price is testing the MA99 right now (0.3147)—this is extremely important resistance that will determine the trend.
The most important point: The price has already broken above MA7 (0.255) and MA25 (0.2382), but it is now approaching MA99 (0.3147). This is the battle zone that matters. If it breaks through MA99 with strong volume, there’s a high chance it will continue up to retest the 0.35–0.40 area. Conversely, if it gets rejected at MA99, the price may turn back down toward MA7 (0.255) or even MA25 (0.238).
The trap here is that many folks see a +55% bounce from the bottom and think, "Reversal now—go Long." But in reality, this could still just be a technical rebound (dead cat bounce) within the larger downtrend from the peak of 0.5512. Looking at the order book on the left, there’s a SELL WALL in the 0.3069–0.3078 range (27.43K + 3.57K + 1.58K + 2.08K + 3.24K + 803 ALLO = ~38K ALLO)—that’s short-term resistance. The trapped supply from the 0.35–0.55 zone is waiting to dump on every rebound to cut losses.
Volume is at a moderate level (1.669M ALLO, 506K USDT)—we need to watch whether it’s strong enough to break MA99.
$TAO $DASH