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🚨 #ALEO# Technical Analysis要点
Trend Breakthrough
✅ Breakthrough of the descending trendline resistance: Indicates that the long-term downtrend may be coming to an end, and market sentiment is turning positive.
Key Price Level Recovery
✅ Re-establishing above the 0.22–0.25 resistance zone: If it stabilizes in this area, it may become a new support level, laying the foundation for an upward move.
Volume-Price Coordination
✅ Volume increase + Bullish structure: The surge in volume validates the strength of the bulls, indicating strong short-term momentum.
Stop Loss Signal
⚠️ Invalid condition: falls below $0.1105
If the price falls below this level, the bullish logic will fail, and one must be wary of the risk of trend reversal.
Target Price
🚀 Fibonacci Extension Target:
0.4810 (short-term) → 1.1508 (medium-term) → 2.8914 (long-term) → 6.6510 (extremely optimistic)
(Note: Target price is usually estimated based on historical volatility and needs to be dynamically adjusted)