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$ALLO just took a sharp hit, dropping over 18% to around $0.41 after getting rejected hard near the $0.51 resistance zone.
The sell-off came with heavy volume and major outflows, especially from large holders. RSI has entered oversold territory, while bearish MACD momentum is still expanding.
The key now is whether buyers can defend support. If not, further downside remains possible. With nearly 70% of supply still locked, dilution is another risk to watch.
$ALLO #SummerCreationCamp #EventContractsLaunch #BrentReturnsTo100