ALLO (ALLORA) Bounces Back Above $0.35 Amid Ongoing AI Narrative

The ALLO (ALLORA) cryptocurrency has seen a strong bounce in price after falling to around $0.35.

According to recent data, the current price of ALLO is around $0.37-$0.38, with high trading volume and an ongoing AI narrative contributing to its resurgence.

Despite being short-term bullish, analysts caution that a break above $0.394-$0.408 would be necessary for continuation, while rejection could lead to a pullback to the $0.35 zone.

A trade plan has been suggested with a bias towards bulls, entry at $0.38 or lower at $0.36-$0.355, and stop-loss at $0.34-$0.348.