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This wave of $ALLO's rise really feels like a wake-up call.
When it started from 0.24131, many in the market thought it was weak and expected it to dump anytime, but as the price reached 0.41695, the bears clearly started to quiet down.
I wasn't just watching the excitement.
I was looking at the support after a pullback and the attitude of not giving lower prices after the surge.
This level is no longer suitable for stubbornly looking for shorts; the price action itself has written the answer.
The results are straightforward.
Currently profit +1786.16%, which is a realization of the rhythm, not holding on with fantasy.
I handled my position decisively.
80% take profit first, put the profits in the pocket, the remaining 20% continue to follow, with a stop loss set at an acceptable level, not letting a good trade become an emotional one.
Many people misjudge not because they can't read the charts.
It's because when the price goes the opposite way, they are unwilling to admit the rhythm has changed.
In such times, the worst thing is to chase the market impulsively, only to be taught a lesson by the volatility.
Miss it and let it go; wait for the next time when ALLO provides a new structure.
$BTC $ETH