Aleo Breaks 9-Month Downtrend With Volume Spike, Eyes $0.21 Reclaim

Aleo broke above a 9-month trendline, reclaiming $0.209 and printing its first higher high since the all-time high.

Volume surged as price cleared resistance, flipping structure and signaling fresh momentum into early July’s breakout.

If Aleo holds above $0.21, traders may position for trend continuation as structure confirms strength above key zones.

Aleo has broken above a long-standing descending trendline after months of rejection, suggesting a potential structure reset. The move follows a sharp impulse rally that lifted the price to $0.209-the highest level since April.

Downtrend Ends With Clear Breakout Momentum

After nine months of consistently lower highs, Aleo has exited its descending structure in a clean technical breakout. Price now trades above former resistance, reclaiming ground once capped by persistent selling pressure. The trendline had shaped every failed rally since late 2024.

Momentum flipped as buyers stepped in above $0.18, invalidating the latest lower high and reclaiming control at a critical zone. This marks the first decisive break above the trend curve since the asset's all-time high. Volume also increased into the breakout, further confirming the shift.

In a recent post, market watcher Javon Marks noted the breakout's structural importance and outlined its potential implications. He referenced a projected level of $6.49112, over 2,500% away-as a possible macro target tied to historical setups. His observation frames the current rally within a larger potential expansion phase.

Price Holds Above Key Resistance With Structure Rebuilt

Aleo has maintained strength near $0.209, holding above both trendline and consolidation support. The curve flattening before the breakout hinted at exhaustion, and the recent impulse confirms that pressure has shifted upward. Buyers have stepped in at every key zone since the move began.

That said, the move remains in early stages and must hold above previous resistance to confirm a full reversal. Marks emphasized that reclaiming this structure opens the door for further upside, but follow-through is essential. A rejection below $0.18 could invalidate the momentum built into July.

The current rally also reflects the first higher high since the token’s extended drawdown began. If price sustains above $0.21, traders may begin reloading for a wider trend continuation. Volume and structure will dictate the pace from here, especially as the market approaches previous breakdown levels.

This breakout marks a turning point in Aleo’s market behavior after months of compressed action. With the downtrend broken and volume building, attention now shifts to the next phase of confirmation. Aleo now sits at a key decision point as it tests its strength above the reclaimed structure.