$ALLO Fixation over the base...🚀
The asset is trading at $0.2963, showing a daily increase of +8.38% with a volume of 16.21M USDT. On the daily chart (1d), the price has confidently broken through the heavy EMA(99) and is holding above key moving averages, although RSI(6) at 81.34 indicates a local overheating. On the 4-hour timeframe there was a cooldown: after testing the high at $0.3586, the price corrected toward EMA(7), and the local RSI cooled down to comfortable 52.09. Buyers are defending the medium-term trend.
Trading setup:
Entry (Long): current values or a limit order in the zone $0.2960 – $0.2750 (4h EMA25 test).
Take profit: $0.3350 (intermediate level) and $0.3580 (retest of the local high).
Stop-loss: with a buffer for dynamic 4h support — below $0.2600.
Not investment advice. Manage your risk.
$ALLO
The asset is trading at $0.2963, showing a daily increase of +8.38% with a volume of 16.21M USDT. On the daily chart (1d), the price has confidently broken through the heavy EMA(99) and is holding above key moving averages, although RSI(6) at 81.34 indicates a local overheating. On the 4-hour timeframe there was a cooldown: after testing the high at $0.3586, the price corrected toward EMA(7), and the local RSI cooled down to comfortable 52.09. Buyers are defending the medium-term trend.
Trading setup:
Entry (Long): current values or a limit order in the zone $0.2960 – $0.2750 (4h EMA25 test).
Take profit: $0.3350 (intermediate level) and $0.3580 (retest of the local high).
Stop-loss: with a buffer for dynamic 4h support — below $0.2600.
Not investment advice. Manage your risk.
$ALLO
