$ALLO is moving in a slow recovery phase after dropping to the 0.1282 low. Price is stabilizing around the MAs, but buyers haven’t shown strong conviction yet. The trend is shifting from bearish to neutral, with early signs of accumulation.
Key Points
• 24h High: 0.1660
• 24h Low: 0.1468
• Trend: Neutral with slight bullish attempts
• Volume: Moderate, showing cautious participation
• MAs: Price is testing MA25–MA99, suggesting a possible trend shift
• Market Mood: Buyers defending higher lows but still lacking aggressive pressure
Key Levels
• Support: 0.1465 then 0.1425
• Resistance: 0.1660 then 0.1790
• Breakout Trigger: A push above 0.1660 could open a move toward 0.1780–0.18
• Breakdown Zone: Losing 0.1465 may send price back toward 0.1390
Outlook
$ALLO is trying to build a base after a long decline. The chart is not strongly bullish yet, but it’s also not weak anymore. A breakout above 0.1660 is the key signal to watch.
Trading Idea (Not financial advice)
If price holds above 0.1500 and breaks 0.1660 with volume, a move toward 0.18 becomes possible. If it fails and slips back under 0.1465, waiting for a deeper retest is safer.
