$ALLO ALLO recent movement
Current price is around $0.33–$0.34.
ALLO has rallied strongly from about $0.20 on Sept 16–17 to ~$0.337 on Sept 23, roughly a 65–70% rise.
Volume has also increased sharply during the rally, showing strong market participation.
Future movement
Short-term bias: UP, but high chance of pullback
Resistance: ~$0.34–$0.36
Break above $0.36 with strong volume: could open the way toward $0.40–$0.45
Support: ~$0.30, then ~$0.265
If $0.30 breaks, a deeper correction toward $0.265 becomes possible.
My technical view: after such a fast rise, ALLO may first consolidate/pull back before attempting another move higher. The recent volume expansion supports the bullish momentum, but chasing after a ~70% move carries higher volatility.
#ALLO #MET #SENT #CPIWatch
Current price is around $0.33–$0.34.
ALLO has rallied strongly from about $0.20 on Sept 16–17 to ~$0.337 on Sept 23, roughly a 65–70% rise.
Volume has also increased sharply during the rally, showing strong market participation.
Future movement
Short-term bias: UP, but high chance of pullback
Resistance: ~$0.34–$0.36
Break above $0.36 with strong volume: could open the way toward $0.40–$0.45
Support: ~$0.30, then ~$0.265
If $0.30 breaks, a deeper correction toward $0.265 becomes possible.
My technical view: after such a fast rise, ALLO may first consolidate/pull back before attempting another move higher. The recent volume expansion supports the bullish momentum, but chasing after a ~70% move carries higher volatility.
#ALLO #MET #SENT #CPIWatch
