ALEO Poised for Continuation Above Key Support

ALEO is currently trading at $0.34, holding firm above its 20-day EMA, which acts as dynamic support around $0.23. This moving average reflects short-term momentum and gives greater weight to recent price action—trading above it often signals strong bullish sentiment.

If buyers maintain control, ALEO could push toward $0.36 in the near term. However, a loss of momentum or shift in sentiment could see the coin slip below $0.33, opening the door for short-term retracement.