#ALLO
$ALLO | LONG 🟢
Expecting the bullish trend to continue
📊 Price 0.2806 | 24 hours +12.83% | Volume $41.0M
🎯 Thesis: Price is above SMA7 and SMA25, indicating a strong upward trend, and rejection of lower prices signals the continuation of the bullish trend.
📍 Levels: Entry near 0.2806, stop-loss at 0.0809, target towards 0.3598
⚠️ Risks: Set stop-loss above support level at 0.0809 to minimize potential losses
👉 Plan: Hold the long position as long as the price stays above SMA7 and SMA25, and consider taking profits near resistance level at 0.3598
$ALLO
$ALLO | LONG 🟢
Expecting the bullish trend to continue
📊 Price 0.2806 | 24 hours +12.83% | Volume $41.0M
🎯 Thesis: Price is above SMA7 and SMA25, indicating a strong upward trend, and rejection of lower prices signals the continuation of the bullish trend.
📍 Levels: Entry near 0.2806, stop-loss at 0.0809, target towards 0.3598
⚠️ Risks: Set stop-loss above support level at 0.0809 to minimize potential losses
👉 Plan: Hold the long position as long as the price stays above SMA7 and SMA25, and consider taking profits near resistance level at 0.3598
$ALLO