ALLO/USDT is showing strong intraday momentum as buyers step in with conviction on the 1H chart.
• Price is trading around 0.0605 USDT, up 8.23% on the day, reflecting clear bullish pressure.
• Intraday action pushed price to 0.0618 before a small pullback, suggesting mild resistance and profit-taking at higher levels rather than weakness.
• On the 1-hour timeframe, price is holding above both EMA(9) at 0.0591 and EMA(15) at 0.0588, with EMA(9) above EMA(15), a classic bullish crossover signaling upward momentum.
• Trading activity has expanded, with 48.92M ALLO and $2.87M USDT in 24h volume. The recent volume spike aligns with the price expansion.
• Immediate support is forming in the 0.0588–0.0591 EMA zone, while resistance remains defined at 0.0618.
• Tagged under AI and Gainer, ALLO is moving in sync with strength seen across the AI narrative in the market.
Overall, ALLO is in an active expansion phase. As long as price holds above the EMA support band and volume remains elevated, the structure favors continuation toward a resistance retest.
