Post
$ALLO
The current 1-how candle has increased too fast and strongly, creating a considerable distance from the lower support lines. Therefore, it is not recommended to buy (FOMO) right at the price of 0.08578. Instead, you can consider the following 2 buying strategies:
Strategy 1: Buy when the price adjusts (Recommended)
• Buy zone (Entry): Waiting for the price to test again (about checking) the old support area that has just been broken, about 0.08380 - 0.08420 USDT.
• Stop Loss (Stop Loss): Placed below MA20, about 0.08250 USDT (If this area is broken, the short-term uptrend will be canceled).
• Take Profit (Take Profit): * TP1: 0.08600 USDT (Old Peak).
• TP2: 0.08900 - 0.09000 USDT (If cash flow continues to maintain strong).
Strategy 2: Buy when breaking completely (Breakout)
• Buy zone (Entry): Wait for the 1-h candle to close completely above 0.08600 with a large trading volume. Buy right at the start of the next candle.
• Stop Loss (Stop Loss): 0,08400 USDT.
• Take Profit (Take Profit): 0.09000+ USDT.

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