$ALLO /USDT – Deeply Oversold Bounce Potential
Market Analysis: The Allora (
$ALLO ) token, which launched on the Allora Network Mainnet (Nov 2025), has experienced significant post-TGE volatility. Following an initial pump to $1.60, heavy selling pressure, driven primarily by airdrop recipients and weak altcoin sentiment, has pushed the price down over 90%.
Currently,
$ALLO is trading near its All-Time Low (ATL) and is registering deeply oversold conditions (RSI-14 near 14). While fundamentals remain strong (Decentralized AI is a high-growth sector), the price action is controlled by supply overhang. This extreme oversold reading often precedes a technical relief bounce. The immediate resistance level is around the $0.15 mark.
Current Price (Approx.): $0.138 USD
Trade Plan (Contrarian Long)
This is a high-risk, high-reward trade betting on a technical bounce from the All-Time Low zone. Use proper risk management.
Entry Zone (Accumulation): $0.130 – $0.138
Look for confirmation of support hold above $0.132.
Take Profit Targets (TPs):
TP1: $0.150 (Immediate resistance/pivot)
TP2: $0.165 (Previous support zone)
TP3: $0.180 (Mid-term accumulation target)
Stop Loss (SL): Below $0.125
Outlook: If the broader market stabilizes and staking demand (Allora Prime) absorbs lingering sell pressure, a relief rally to TP1 and TP2 is possible in the short term. A break below $0.125 would indicate further downside.
#ALLO #Allora #DecentralizedAI