$ALLO following a classic corrective wave pattern after hitting a major 24-hour peak at 0.5593. Currently trading at 0.40003, the asset is down over 24% from its daily high, finding itself near a vital structural support zone that previously acted as a accumulation floor. The overlaid white trend line maps out a clear potential path forward, suggesting that if buyers can firmly defend this 0.4000 base, a strong bullish reversal could trigger to erase recent losses and push back toward the higher liquidity zones.
* Target 1: 0.4500
* Target 2: 0.5000
* Target 3: 0.5500