2026-01-07 03:21:18

ALLO's trend is quite interesting now. From the position of 0.108, the obvious double bottom pattern has gradually formed, and it is currently testing the key resistance level of 0.122. Trading volume is also beginning to increase significantly, which usually indicates the formation of an upward trend.

If it successfully breaks through 0.122, the subsequent upward space could be quite substantial. The current timing looks good — not too early to miss out, nor too late to chase the high. All technical indicators are aligning, making such an opportunity quite rare.

Friends who are still observing can pay attention to this level. If trading volume continues to grow, the probability of a breakout is quite high.

ALLO-4,87%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
11
Repost
Share

Comment

0/400

RugResistant

· 01-09 04:21

Double bottom is indeed interesting, but can 0.122 really break through? It feels like this wave of volume is quite fake.

View OriginalReply0

GateUser-cff9c776

· 01-08 17:41

According to the supply and demand curve, a double bottom is like a Schrödinger's bull market; if it can't break 0.122, it's all just an illusion. But I still went all in.

View OriginalReply0

UserHWH

· 01-08 04:43

This type of market maker manipulation doesn't look at these factors; it only considers whether the market maker wants to push up and sell off or directly dump the market.

View OriginalReply0

SocialFiQueen

· 01-07 20:39

The double bottom breakout theory has been heard too many times, but the result is always getting trapped afterward. Maybe we should wait until a breakdown before discussing it.

View OriginalReply0

SchrodingersFOMO

· 01-07 03:51

The double bottom has formed. It would be awkward if 0.122 can't be broken.

View OriginalReply0

consensus_failure

· 01-07 03:38

Can this threshold of 0.122 really be broken? I’ve seen it get knocked back so many times. The volume and momentum might not be entirely reliable either.

View OriginalReply0

FloorPriceNightmare