$ALLO at 0.1624: The Battle for 0.167
$ALLO is recovering beautifully, currently sitting at 0.1624.
We are approaching a critical level: The MA99 Resistance (~0.1670).
🔍 Scenario:
🟢 Breakout: A 4H candle close above 0.167 will confirm a trend reversal -> Target 0.18+.
🔴 Rejection: Failure to break might lead to a retest of 0.155 support.
My strategy: Stops raised, profits taken, watching this level like a hawk. 🦅
Are you Long or Short here?
