Hold on $ALLO


1. Momentum exhaustion, high-level stagnation
$ALLO After experiencing a nearly vertical violent surge, the price paused after reaching 0.1575. The following several 15-minute K-lines showed very small bodies, and upper shadows began to appear. This indicates that the bullish "bullets" are almost used up, and the explosive upward momentum is weakening.
2. Volume and price show signs of fatigue
The rally was accompanied by huge green trading volume, but the recent K-lines at high levels show a clear decrease in volume. "High-level sideways consolidation with reduced volume" often means no new large funds are willing to continue accumulating at this level, relying solely on retail investor sentiment. Once someone leads a profit-taking wave, it can easily trigger a chain of panic selling.
3. Buy and sell orders are evenly matched
Pay attention to the order book at the bottom; buy orders (50.01%) and sell orders (49.99%) are perfectly balanced. During the peak of the rally and emotional high point, buy orders surprisingly do not show overwhelming dominance. This itself is a warning sign, indicating that the market’s willingness to chase higher has significantly decreased. $ALLO
ALLO26.26%
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