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Traders seized the upside opportunity within the range-bound market, and $ALLO long positions successfully reaped returns.
Long position opened at 0.26782; the current price has reached 0.33920, delivering a 654.04% profit.
After a sustained climb, upside resistance continues to grow; as the market gradually loses momentum upward, there is a near-term need for a pullback and consolidation.
It’s not suitable to keep chasing and adding; gradually reduce position size to protect current profits.
Wait for the market adjustment to finish, and look for the next entry opportunity.
$GT $RIF