In ALLO's recent trend, after the peak of selling, it entered a relatively long downward consolidation phase. From the candlestick performance, the bearish force still dominates, and there is still potential for further downward pressure release. Technically, focus on the recent low point at the $0.10 level—this could become a short-term support contention point. The current market sentiment is inclined to be bearish, and the control of the bear market remains firmly in the hands of the bears.
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NullWhisperer
· 21h ago
yeah so technically speaking, that 0.10 level is just asking to be tested again... interesting edge case where support becomes the new battleground ngl
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ForkYouPayMe
· 01-10 05:56
0.10 can't be maintained at all, it needs to break.
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ponzi_poet
· 01-10 05:56
0.10 still needs to be broken again, there's really no bottom in this round
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ProposalManiac
· 01-10 05:53
Can the 0.10 support level hold? It seems like there's no strong consensus supporting it.
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CascadingDipBuyer
· 01-10 05:32
0.10 if you can't hold it, just go see the ghosts; the bears are too fierce.
In ALLO's recent trend, after the peak of selling, it entered a relatively long downward consolidation phase. From the candlestick performance, the bearish force still dominates, and there is still potential for further downward pressure release. Technically, focus on the recent low point at the $0.10 level—this could become a short-term support contention point. The current market sentiment is inclined to be bearish, and the control of the bear market remains firmly in the hands of the bears.