🚀 $ALLO /USDT – Momentum Is Building…
Price is currently around 0.0817, after pushing up to a recent high near 0.0850. What stands out most is the steady structure change over the last couple of days — we moved from a slow grind to a clear bullish breakout.
📈 What I’m seeing:
• Strong recovery from the 0.045 zone
• Clean higher highs & higher lows
• Price trading above MA(7), MA(25), and MA(99)
• Increasing volume during the recent push
The moving averages are now aligned bullishly, and short-term momentum clearly favors buyers. The recent impulse leg looks healthy, not overly parabolic (yet).
⚠️ But here’s the part I’m watching closely:
We’re approaching local resistance around 0.0850. If we see a clean breakout with volume, continuation toward the 0.09+ area becomes very realistic.
However, if momentum slows, I’d expect a healthy pullback toward the 0.078–0.075 support zone before the next move.
💡 Personally, I prefer:
Buying dips near support
Or waiting for a confirmed breakout + retest
Right now, it’s bullish — but chasing green candles rarely ends well.
As always, risk management > emotions.
