$ALLO $ZRO $ROSE
🔥 ALLO / USDT | Natural correction after a strong surge?
After a clear rise in the past few days, ALLO has entered a slight correction… and the question now 👇
Is it a cooling off before a new wave?
💰 Current price: 0.0724$
📉 Daily change: -2.95%
📊 24H trading volume: 152.4M ALLO
🔎 My personal reading for the 4H frame:
The price surged from around 0.064 to 0.085
Currently retracing towards an important demand area
RSI at 60 ➜ Still in positive momentum despite the retracement
MACD is positive and momentum is still rising
What’s happening in my opinion is not weakness…
This is a natural profit-taking after a quick rise
🟢 Areas I am monitoring:
First support: 0.070 – 0.068
Stronger support: 0.064
Nearby resistance: 0.080
Breaking 0.085 ➜ opens the way for 0.095 – 0.10 🎯
📌 Summary of my analysis: As long as the price is above 0.068
The positive scenario is still valid
Any strong rebound from support with volume
Could quickly return the momentum 👀🔥