#ALLO $ALLO
🫠Current price: ~0.1107
(REMEMBER TO BUY THE FEAR AND SELL THE GREED)👌👍
💥ALLO was in a clear downtrend, but it has just formed a short-term bottom near 0.107 and is now making a relief bounce.
🚀Momentum is improving, but price is still below major resistance.
🔑 Key Levels
👉Support
0.108 – 0.107 → Strong intraday support
0.105 → Breakdown support (bearish if lost)
👉Resistance
0.112 – 0.113 → Immediate resistance
0.116 – 0.118 → Major resistance zone
🔮 Prediction (Next 12–24 hours)
👉Bullish scenario:
If ALLO holds above 0.108, price can push to 0.112 → 0.115.
👉Bearish scenario:
Rejection at 0.113 may send price back to 0.108 → 0.106.
👉Most likely move:
Sideways to mildly bullish between 0.108 – 0.115.
📌 Trading Bias
👉Scalp longs: Above 0.108 with tight SL
👉Short opportunity: Near 0.116–0.118 if rejection appears
👉Trend confirmation: Only above 0.118