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Allora (ALLO) fell 31.77% to $0.303, sharply underperforming the broader crypto market. The sell-off was driven by heavy profit-taking after a 500%+ rally in the previous two weeks. Selling volume surged as the price was rejected near the $0.49 resistance level. Concerns over token concentration also weighed on sentiment, with reports that the top 10 holders control around 96% of the supply. Near term, the key support zone is $0.28–$0.30. Holding this level could lead to consolidation, while a break below may trigger a deeper drop toward $0.24. A move back above $0.465 would be needed to restore bullish momentum.