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A lot of people, when they see $ALLO suddenly jump to 0.53, their first reaction is to chase in.
But when I look at the chart, what I focus on instead is whether there’s the ability for sustained upward movement here.
After spiking, it quickly fell back, and it didn’t keep breaking through the previous high—this indicates that the buy-side support above is not as strong as people imagine.
So here I choose to short, waiting for the price to revert to a normal structure.
So far, this short has already captured more than 4x unrealized profit.
Right now, for ALLO, even though there hasn’t been a further sharp drop, the overhead trapped-long pressure at the highs is still there. To regain strength, it needs to break through the upper pressure zone first.
With futures, you can’t just look at the percentage gain—you also have to see whether there’s fresh capital stepping in to continue the rally.
I’ll keep updating in the main base on opportunities in popular coins, the market’s tempo, and my trading plan. If you want to follow the ideas ahead of time, you can pay attention—don’t wait until the market has already started before coming to look for opportunities $BTC $ETH #特朗普呼吁尽快通过Clarity法案