🔥$ALU Pulls Back After Sharp Rally – $1M Gaming Grant Could Fuel Next Wave?

📈 +29.95% (24H)

$ALU token recently soar with a strong rally, reaching as high as $0.0316 from it's bottom gaining almost (+600%) gains before encountering selling pressure that has pulled the price back toward $0.024.

Current price action shows a retracement, with the $0.020–$0.022 zone acting as immediate support. Notably, the Fibonacci retracement level at 0.5 also aligns in this range, marking a critical mid-point between ALU’s recent bottom and peak. Beyond charts, Altura announced the launch of a $1M Web3 Gaming Grant Fund on August 18, aiming to accelerate ecosystem growth and attract new developers.

🚀 What’s Next for ALU?
Given these news and data backing the price movement. Traders may keep an eye on $0.02- $0.022 range if it will able to sustain it. On the flips side, a clean break below this zone could trigger a deeper retracement toward the lower support zone.

⚠️Disclaimer: This is not a financial advice. Please DYOR!
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