The $ALLO I was watching earlier finally gave the answer. When it was grinding low, nobody wanted to look. Now that it has broken out, everyone is starting to ask whether they can still chase it. On my side, my long position went from 0.24131 to 0.40927, and +1703.78% is already reflected in the account—so the trend extension is clearly visible.



Replaying this move is actually very simple: first, the downside couldn’t be smashed through, then every rebound managed to get all the way back, and in the end, with a surge in volume, it pushed through the key levels. Many people misjudge it because they only watch short-term pullbacks, but ignore that the follow-through support has been getting stronger. What really caught my attention was those few fake breakdowns—prices looked like they were about to turn bad, but then they quickly pulled back. This kind of order book action can no longer be treated as weakness.

Now that we’re already in profit, operations need to be even more clear-headed. If you have a position, you can handle it with a 70/30 split: first realize profits on a portion, and for the remaining position, follow using the protective level. Don’t let a good trade turn into an emotional trade. The bullish tempo of ALLO is still there, but the more it goes up, the more you need to hold yourself back.

If you didn’t participate, don’t chase. The market has fluctuations every day—wait for the next opportunity, and wait for a more comfortable level to act.

$BTC $ETH
ALLO-4.56%
BTC-1.56%
ETH-2.18%
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