$ALLO ALLOUSDT is giving a positive recovery signal after creating a short-term bottom around 0.218 USD. The price is currently trading at 0.252 USD, up nearly 7% in the past 24 hours. After a sharp drop from the peak of 0.321 USD, the buying force reappeared with consecutive green candles and increased trading volume. Technically, the price has risen above MA5 and MA10, and is testing the important resistance area around MA20–MA30 (0.26 USD). If successfully breaking through this area, ALLO can aim for the next targets at 0.28 USD and 0.30 USD. The nearest support is at 0.24 USD, further to the bottom of 0.218 USD. As long as the price remains above 0.24 USD, the short-term recovery trend is still preserved. Reference strategy: You can consider buying when the price is stable above 0.24 USD or waiting for confirmation to exceed 0.26 USD. Manage risk by setting a stop loss below 0.235 USD.