🚨 $ALLO bouncing +9.6% today but still consolidating below EMA50 and EMA200 — this is a base-building attempt, not a breakout yet.
Token pumped from $0.08 to $0.56 in weeks on the Cobot AI-trading tool launch, then bled back down to the $0.21–0.25 range for over a month. RSI at 49 — dead neutral, no extreme in either direction.
MACD just flipped slightly positive (0.0022) after weeks negative — early sign sellers are exhausting, not confirmation of a new leg up.
Entry: 0.22–0.235 on any retest of this range
Target: 0.2593 (EMA50), stretch 0.2424 reclaim as confirmation
Stop: below 0.211 (24h low)
Want this to hold above 0.21 for a few more sessions before I size in.
DYOR | NFA
#ALLO #CryptoTrading
Token pumped from $0.08 to $0.56 in weeks on the Cobot AI-trading tool launch, then bled back down to the $0.21–0.25 range for over a month. RSI at 49 — dead neutral, no extreme in either direction.
MACD just flipped slightly positive (0.0022) after weeks negative — early sign sellers are exhausting, not confirmation of a new leg up.
Entry: 0.22–0.235 on any retest of this range
Target: 0.2593 (EMA50), stretch 0.2424 reclaim as confirmation
Stop: below 0.211 (24h low)
Want this to hold above 0.21 for a few more sessions before I size in.
DYOR | NFA
#ALLO #CryptoTrading
