๐ $ALLO cooling off after a massive rally that previously pushed the token near the 0.56 zone.
ALLOUSDT
Perp
0.37805
-3.65%
The chart now shows consolidation around 0.39 as traders take profits and momentum slows down slightly. โ ๏ธ
๐ป Down around 9% today
๐ป Volatility still high in the AI sector
๐ป RSI holding near neutral-bullish levels
๐ป Key support sitting around 0.36โ0.38 zone
Despite the pullback, ALLO remains one of the hotter AI-related tokens on tradersโ watchlists. If bulls reclaim the 0.41โ0.42 area with strong volume, another breakout attempt could follow. ๐๐ฅ
For now, the market is watching whether this is healthy consolidationโฆ or the start of a deeper correction.