【Short Entry】Around $0.1062 is a good entry point. If the price rebounds to the $0.1070-$0.1075 range (close to the short-term resistance at $0.1078), that's a good time to add to your position.
【Risk Management】Set your stop-loss at $0.1090. This level is below the 24-hour high of $0.1094. Once broken, the 15-minute downward pattern is invalidated.
【Profit Targets in Two Steps】 First, watch $0.1031 — this is near the 24-hour low and a short-term support. Usually, a rebound occurs here, so you can reduce your position to lock in profits.
Next, target $0.1020-$0.1000 — this is the real goal. ALLO has fallen 12.17% in the past 7 days and 13.67% over 30 days, indicating a clear medium- to long-term downtrend. After breaking $0.1031, the support at $0.1039 won't be very strong, leaving room for further decline. 📉
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CodeSmellHunter
· 01-15 18:53
0.1062 entering might be a bit late, feels like it has already dropped quite a bit.
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APY追逐者
· 01-12 19:50
This data looks a bit disappointing, but I don't think the key support at 0.1031 is that easy to break.
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SerumSurfer
· 01-12 19:45
The short position is already set, just waiting for the rebound at 0.1075. It would be best to catch the profit then.
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FlyingLeek
· 01-12 19:41
This wave of ALLO is really plunging. I think the 0.1062 level is a good point to try shorting.
Rebound to 0.107x, and it's time to reduce the position. I feel the support might not be very strong.
Wait, isn't the stop-loss at 0.109 a bit tight?
The target around 0.01 is indeed very tempting, but how long the rebound at 0.1031 can last is really uncertain.
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BitcoinDaddy
· 01-12 19:23
Are they starting to cut the leeks again? I've heard the saying "short at 0.1062" too many times.
ALLO/USDT Short-term Trend Analysis.
【Short Entry】Around $0.1062 is a good entry point. If the price rebounds to the $0.1070-$0.1075 range (close to the short-term resistance at $0.1078), that's a good time to add to your position.
【Risk Management】Set your stop-loss at $0.1090. This level is below the 24-hour high of $0.1094. Once broken, the 15-minute downward pattern is invalidated.
【Profit Targets in Two Steps】
First, watch $0.1031 — this is near the 24-hour low and a short-term support. Usually, a rebound occurs here, so you can reduce your position to lock in profits.
Next, target $0.1020-$0.1000 — this is the real goal. ALLO has fallen 12.17% in the past 7 days and 13.67% over 30 days, indicating a clear medium- to long-term downtrend. After breaking $0.1031, the support at $0.1039 won't be very strong, leaving room for further decline. 📉