👀 Observation
$ALLO ALLO made a strong upward expansion and is still trading near the top of that move. Price is elevated with small pauses between pushes.
📊 Market view
Buyers clearly drove the rally and remain in short-term control. Volume expanded heavily during the surge and is still active as price stabilizes.
🟢 Support: $0.118 – $0.110
🔴 Resistance: $0.160 – $0.170
• Trend: strong breakout momentum after sharp expansion
• Price zone: holding near highs with brief consolidation
• Volume: strong surge on rally, still elevated
⚡ Scenarios
If resistance breaks: a steady hold above $0.170 can keep momentum active and allow continuation.
If price rejects: a pullback toward $0.118 would be a normal cooling move if buyers defend support.
🧠 Mindset
When price rises fast, patience protects capital wait for structure to hold before acting.
Are you watching ALLO for continuation or expecting a reset first ??
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