ALLO Spot Trading Depth Analysis

Recently, ALLO's price movement has shown typical signs of upward fatigue. From a technical perspective, although there has been a pullback in the short term, multiple time frame exponential moving averages (EMAs) remain in a bullish alignment—7-day EMA, 25-day EMA, and 99-day EMA are all trending upward, indicating that the medium-term trend remains intact. However, momentum is indeed waning. The MACD histogram is approaching the zero line, currently at a minimal positive value of 0.00000516, suggesting that after a rapid previous rally, buying momentum has significantly weakened. Meanwhile, the Relative Strength Index (RSI) has fallen to 45.97, reflecting a market in a state of indecision.

Specific price data warrants attention. ALLO has fallen from a recent high of 0.1184 USDT to 0.1165 USDT over the past few hours. Although the decline isn't large, it is enough to attract market attention. More concerning is that some community voices point out that the AI token sector has been under collective pressure over the past month, and ALLO has not been spared, with a total decline approaching 25%. There are clear signs of capital outflows. This pessimistic market sentiment is spreading.

However, from a fundamental perspective, Allora's innovations should not be overlooked. Its "self-improving" AI mechanism, which integrates multiple AI models, demonstrates significant technical advantages in AI agents and AI infrastructure, earning a five-star potential rating from industry experts. This technological innovation lays a foundation for ALLO's long-term performance.

In the short term, market sentiment appears divided. Some traders are cautiously optimistic, based on renewed buying interest and the price rebounding at support levels, but at the same time, there are voices expressing deep skepticism about the recent performance of the entire AI token sector. This contradiction is a true reflection of ALLO's current situation—bullish signals from technical analysis versus waning momentum, and the project's innovative potential versus pessimistic sentiment. The future trend will depend on whether market buying enthusiasm can be rekindled.