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That last dip was actually a typical shakeout move. $ALLO looks scary, but after the sell-off it didn’t keep collapsing—instead it quickly snapped back. That’s the key point.
My long entry cost is 0.24131. At the time, I wasn’t focused on how brutal that bearish candle looked, but on whether anyone would step in and buy after the drop. The result was clear: buy orders came in fast at the lower levels, the shorts couldn’t maintain the momentum, and the market’s rhythm flipped. A lot of people were carried away by panic, but the real opportunity was right there in that one move.
Now the price has reached 0.38096, and the unrealized profit shows +1420.16%. Once the room for volatility opened up, this trade has entered the realization/take-profit zone. There’s no need to pretend to stay calm—profit is profit. But the more you’re in this kind of moment, the more you need to control your hands.
My handling is still fairly straightforward: take profit in batches for 70%, and keep the remaining 30% with a protective level to watch for further extension. If you missed it, don’t chase the trade. There are always opportunities every day. If the entry doesn’t feel right, it’s better not to do it—wait for the next chance to act.
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