$ALLO /USDC is experiencing downward pressure, down -11.91% to trade at 0.3936. Following a highly volatile session that saw a 24h high of 0.4569 and a low of 0.3788, the price is currently attempting a minor short-term bounce off its recent intraday bottom.

The pair is currently trading just below its MA60 line at 0.3947, which is acting as immediate overhead resistance. Despite the correction, trading volume remains active, with a 24h volume of 9.92M ALLO and 4.10M USDC. Reclaiming and consolidating above the MA60 is essential for buyers to stabilize the structure and shift the immediate bearish momentum.

ALLOUSDT

Perp

0.35308

-7.43%

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