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This section has finally broken out. The $ALLO long position wasn't waited in vain. From 0.28288 to now 0.41462, +1151.78% has been realized. The grinding sideways during the session finally gave the answer.
I had noticed this level earlier. What really caught my attention was that the pullback didn't break it. The key levels were rising, and key levels were starting to be eaten. Many people were still waiting for a deeper retracement at the time, but something was off here. The selling pressure couldn't push through, and instead, each dip was being bought.
This trade I took was riding the trend, not hard guessing. After the space was released, the rhythm became noticeably cleaner than before, indicating that the bullish initiative has emerged. For those with positions now, you can take profits on 70% in batches, and keep a protective stop on the remaining 30% to continue watching for extension. Don't let the profits already in hand get shaken back.
Don't rush if you haven't boarded yet. Chasing ALLO now has average cost-effectiveness. Profit is profit, but discipline must not be abandoned. No chasing trades; wait for the next opportunity, and move when a more comfortable position appears.
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