ALLO/USDT Price Analysis: Bullish Momentum Builds After Strong Breakout
$ALLO /USDT is showing impressive strength on the 1-hour chart as price trades near $0.1374, up more than 26% in the last 24 hours. The pair recently printed a high around $0.1698 before entering a healthy consolidation phase. Short-term moving averages (MA7 and MA25) remain above the MA99, signaling that the overall trend is still bullish despite minor pullbacks.
Volume expansion during the breakout confirms strong buyer interest, while current sideways movement suggests accumulation. If ALLO holds above the $0.1300 support zone, another push toward $0.1500–$0.1700 is possible. Traders should watch volume spikes for confirmation of the next breakout.
ALLO
0.0948
-10.31%