WHAT'S UP WITH $ALLO , TECHNICAL ANALYSIS 4 Hours

1. General trend

In 4H, the token $ALLO continues to show a bearish trend:

The current price (≈0.0002862) is well below the short moving averages (MA7 ≈0.00029) and long moving averages (MA25 ≈0.00032, MA99 ≈0.00039).

All the moving averages are arranged in descending order (MA7 < MA25 < MA99), which usually indicates that selling pressure remains strong.

There is no compression of moving averages (that is, the lines are not getting closer yet), so there is no clear signal of a trend change yet.

2. Volume

The 24h volume (250,176 ALLO) is decreasing.

In broader timeframes, this reflects a loss of interest or “fatigue” in the market after the initial drop.

For a solid technical bounce, it would be necessary to see a sudden increase in green volume (buyer). For now, that is not happening.

3. RSI (Relative Strength Index)

Although it is not directly shown in the capture, based on the behavior of the candles and the moving averages, the RSI in 4H is probably in oversold territory (≤30).

This could indicate that the price is near a potential technical bounce point, but it is not a guarantee.

➡️ In this type of new tokens, low RSIs can remain for long periods without an immediate bounce.

4. MACD (Moving Average Convergence Divergence)

Given the bearish crossover in 15m and 1h, it is most likely that in 4H the MACD remains negative, with the signal line above the MACD line.

There is still no bullish crossover, which is the classic signal for the start of a bounce.

5. Key levels

🔻 Immediate support: 0.0002825 (recent low)

⚠️ Critical zone: if that support breaks, the price could drop to 0.00025 or even lower (with no prior history).

🔼 Nearby resistance: 0.00032–0.00033.

A 4H candle close above that zone would be the first technical signal of recovery.

Conclusion in a 4 Hours frame:

The token could attempt a small technical bounce if the support of 0.0002825 holds, and in that case a trend change 🚀