1. Current Price:
The token is trading at 1.0997 USDT, showing a daily growth of +3.82%.
2. Supports and Resistances:
Key resistance: 1.2300 USDT → level at which the price was strongly rejected.
Intermediate support: 1.0218 USDT.
Critical support: 0.9791 USDT → floor where the price rebounded strongly, generating a bullish hammer.
3. Volume:
A spike in volume is observed during the drop, suggesting previous capitulation. The current volume is lower, indicating consolidation.
4. Indicators:
RSI (6): 52 → neutral territory, with room for both sides, although slightly tilted upwards after the rebound.
MACD: It has not yet presented a defined crossover, reinforcing the phase of indecision.
5. Candle Reading:
After the rejection at 1.23, the price corrected to the support area (near 1.02–0.98).
It is now trying to consolidate a technical rebound. If it strongly surpasses 1.13 with volume, it could test 1.23 again.
📈 Conclusion
The ALL/USDT pair is in a consolidation zone after a strong drop. The level of 1.02–0.98 acts as solid support, while 1.23 is the major resistance to overcome.
The key will be in the volume and the break of the downward trendline. An aggressive entry could be considered near the support, while bullish confirmation would occur above 1.23.
✨ In trading, patience is the greatest strategy: those who know how to wait seize the best opportunities.
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