🚀 Coin : $ALLO
ALLO is currently trading around 0.2367, showing a significant -18% pullback, but the 1H candles are stabilizing after hitting the recent low at 0.2174. The price is attempting to build support above 0.23, with small green candles indicating early buyer interest.
MAs still bearish:
MA(7) at 0.2348 is below MA(25) at 0.2559, meaning the trend is still downward, but the price is trying to reclaim the short-term average.
Volume spikes near the lows show buyers stepped in around 0.2174, suggesting that zone may act as a short-term support.
Key levels for buyers:
• Support: 0.217 – 0.230
• Resistance: 0.255 – 0.260 (MA25 area)
A breakout above 0.255 would signal a shift toward recovery momentum.
Buyer takeaway:
ALLO is showing early signs of stabilizing after a strong drop. Buyers may watch for a confirmed hold above 0.23, or a breakout above 0.255 to signal stronger upward momentum. Until then, the overall trend remains cautious.
Let me know if you want a trader version, a picture version, or support/resistance levels marked!
{future}(ALLOUSDT)
#ALLO #MarketPullback #IPOWave #AITokensRally #AmericaAIActionPlan
