
Post
$ALLO
The current price is at 0.19298 USDT, a sharp increase of +7.46% in the session, indicating a clear short-term increase.
Positive points:
• Strong green candle, breaking the downward trendline and many short-term MA (MA5: 0.18946, MA10: 0.18607).
• The price is above most MAs, short-term bullish signals.
• Volume increased sharply with green candles, confirming good buying power.
• Testing the resistance area of 0.1930 - 0.1960.
Important level:
• Near support: 0.1880 - 0.1853 (MA20)
• Resistance: 0.2000 - 0.2064 (peak 24h)
• Recommended stop-loss: below 0.1850
Conclusion: The buy signal is quite good for short-term swing if the volume is maintained. It is possible to enter the order around 0.192-0.193, target 0.2000 first, then 0.206. Low risk thanks to the current strong momentum.
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