$ALLO
*Long SL (Stop Loss) and TP (Take Profit) analysis:*
1. *Current Price*: 0.07971 USDT.
2. *EMA (Exponential Moving Average) levels*:
- EMA(15): 0.07487 (support).
- EMA(25): 0.07223 (support).
- EMA(99): 0.06422 (long-term support).
3. *RSI(6)*: 70.56690 → indicates the asset is in the overbought zone, suggesting potential for a pullback.
4. *Price Action*: The chart shows an upward trend with recent highs at 0.08169.
*Typical long position setup*:
- *Entry*: Around the current price or a breakout above 0.08169.
- *Take Profit (TP)*: Usually set above the next resistance (e.g., 0.08292 or higher, depending on risk appetite).
- *Stop Loss (SL)*: Placed below a recent support, like EMA(15) at 0.07487 or the swing low 0.06154 for a tighter risk%