$ALLO /USDT Market Update — Sharp Rebound After Heavy Pullback
ALLO is currently trading at $0.1336, down -10.22% on the day, but showing a strong recovery move after hitting a 24h low of $0.1313. Despite the earlier selloff, ALLO has now broken back above the MA60 (0.1324) — a key signal that buyers are attempting to regain short-term control.
The price has climbed quickly toward the upper range, approaching $0.1337, with noticeable buying volume stepping in during the rebound. This suggests trader sentiment is turning cautiously bullish after an extended decline.
If momentum continues, ALLO may target $0.1350–$0.1380, with a stronger breakout opening a move toward the $0.1450–$0.1500 resistance zone.
Immediate support remains near $0.1315–$0.1320, where today’s reversal began.
ALLO remains a New AI Gainer, showing resilience despite volatility.
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