ALLO's token, from a long-term perspective, still hasn't completed its downward trend. The last rally? Purely driven by news sentiment, but looking at the candlestick patterns, you can see that the downward pressure is still present. If you ask me, you can try short positions with small positions, using 3 to 5x leverage for some speculative trading, aiming for a target price below 0.1. Remember, for stocks with such an obvious trend, don't go all-in with heavy positions.
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GateUser-e51e87c7
· 12-12 22:38
Short position? I think it's uncertain; that rebound might still come.
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NeonCollector
· 12-12 13:14
Short position? Uh... I don't think this 0.1 might be reached.
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AirdropHarvester
· 12-11 21:07
0.1 is considered high, I believe the bottom is at 0.05 when it breaks down.
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Token_Sherpa
· 12-11 13:03
ngl, the tokenomics on this one scream velocity trap from a mile away. that pump was just liquidity bait, nothing more. shorting with proper risk management? sure, but honestly the real question is why you're even touching this if the utility case doesn't hold water long-term.
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gas_fee_therapist
· 12-11 13:02
Hey, this wave of ALLO really isn't worth touching. As soon as there's a news update, it surges, then turns around and drops—typical leek with a sickle.
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AirdropChaser
· 12-11 13:01
0.1 can really be reached? I think there will be another rebound.
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SatoshiLeftOnRead
· 12-11 12:58
Below 0.1? Bro, are you gambling or analyzing?
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MemecoinTrader
· 12-11 12:56
ngl the chart setup here screams textbook bear trap bait... but that 0.1 target? feels like sentiment engineering dressed up as TA. classic move tbh
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Layer2Observer
· 12-11 12:53
For this kind of upward movement driven by news, I usually look at the trading volume for confirmation... The K-line pattern indeed shows resistance, but the judgment that the "trend is clear" needs to be clarified— from an engineering perspective, purely morphological analysis is often easily contradicted by liquidity shocks. Is there any specific supporting data for the target below 0.1?
ALLO's token, from a long-term perspective, still hasn't completed its downward trend. The last rally? Purely driven by news sentiment, but looking at the candlestick patterns, you can see that the downward pressure is still present. If you ask me, you can try short positions with small positions, using 3 to 5x leverage for some speculative trading, aiming for a target price below 0.1. Remember, for stocks with such an obvious trend, don't go all-in with heavy positions.