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$ALLO CHART ANALYSIS
ALLO is in a clear downtrend with lower highs and lower lows. Price is now near $0.09551, testing key support at $0.09316.
📉 It trades below all major MAs (MA5: 0.09893, MA10: 0.10644, MA20: 0.11180), confirming bearish momentum and seller control.
📊 Volume is relatively weak, showing no strong buying interest yet.
🎯 Key Levels:
Support: $0.09300 (critical)
Resistance: $0.098–$0.100
Major Resistance: $0.106–$0.111
⚠️ Break below $0.093 may trigger further downside. Holding this level could allow a short-term relief bounce.
📉 Overall structure remains bearish until price reclaims MA5 with strong volume.
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