$ALLO /USDT (Allora - decentralized AI network token) shows a strong bullish reversal! 🚀
Last price: 0.068803 USDT
+17.70% in the last 24 hours! 🔥
After a prolonged downtrend (evident from the descending Bollinger Bands and price action hugging the lower bands), we've seen a sharp green candle breakout. Price bounced exactly from the lower Bollinger Band (~0.05898–0.05690 zone) and is now pushing above the middle band (~0.07376) with momentum building.
Key indicators flashing bullish:
Stochastic oscillator: K=46.27, D=28.39, J=82.03 — J-line hooked up aggressively, crossing into overbought territory signaling strong buying pressure.
RSI(6): 56.51 (rising fast), RSI(14): 39.96 (recovering from oversold) — early bullish divergence and momentum shift.
Volume bars: Increasing green volume on the bounce, supporting the reversal.
This looks like a classic bottom reversal setup after heavy selling exhaustion. The downtrend line from highs (~0.126–0.099) has been broken with conviction.
TRADE IDEA: LONG $ALLO /USDT NOW!
Entry: Around current levels ~0.0680–0.0690
Take Profit 1: 0.0768 (middle band resistance / +12–13%)
Take Profit 2: 0.0945 (upper band target / +38%)
Stop Loss: 0.0589 (below recent low & lower band / risk ~13–14%)
Risk-reward looks solid — catch this AI gem pumping before it runs! Don't miss the momentum in decentralized intelligence sector. 💥
Trade or BUY $ALLO /USDT Now! Follow & turn 🔔 on ✅ for more hot setups!
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