ALLO: Ready to Rebound? 📈
Current price: $0.1026 (-0.68%)
🔍 Technical Conditions:
· 4-hour RSI: 47 (neutral-weak)
· 1-day RSI: 29.6 → extreme oversold
· Strong support at $0.0990 - $0.1000
· Nearest resistance: $0.1026** and **$0.1055
📰 Catalyst:
· Whales accumulating (Long/Short Ratio: 2.78) in the $0.10 area
· Integration with TRON & NEAR for AI
· Staking APY up to 50% (Allora Prime)
🎯 Brief Strategy:
· LONG at $0.0995 - $0.1010
· Target: $0.1055 (+4-6%)
· Stop loss: $0.0975
· Timeline: 1-3 days for initial rebound
⚠️ Risk: If $0.0990 breaks down, short target $0.0950.
Verdict: Oversold momentum + whale accumulation = long opportunity with attractive risk/reward.
#ALLO #ALLOUSDT #MarketRebound #Trading
#RSI #staking