Deep Dive
1. Technical Rebound (Bullish Impact)
Overview: ALEY’s MACD histogram turned positive (+0.00044) for the first time in two weeks, signaling waning bearish momentum. The 14-day RSI (41.39) rebounded from July’s oversold zone (<30) but remains neutral.
What this means: Traders likely interpreted the MACD crossover as a buy signal, amplified by ALEY trading 0.7% above its 7-day SMA ($0.514). However, resistance looms at the 30-day SMA ($0.519), which capped gains twice in August.
What to look out for: A sustained break above $0.519 could target Fibonacci resistance at $0.527 (23.6% retracement).
2. Exchange Listings (Mixed Impact)
Overview: ALEY gained IDR trading pairs on INDODAX (Indonesia’s largest exchange) in June 2025, expanding accessibility to 7.5M users.
What this means: While the initial listing occurred 10 weeks ago, ALEY’s 82% 24h volume spike suggests renewed interest from Indonesian traders. However, exchange-driven pumps often fade without fresh catalysts.
3. Altcoin Momentum (Bullish Impact)
Overview: The altcoin season index rose 32.5% in 30 days, signaling capital rotation from Bitcoin to smaller caps. ALEY’s 24h gain lagged the “others” dominance metric (+28.39% of total crypto value).
What this means: ALEY’s AI narrative (edge-based agents, closed beta updates) aligns with crypto’s current appetite for AI/DePIN projects, though execution risks remain.
Conclusion
ALEY’s rebound reflects technical triggers and sector-wide altcoin demand, but its underperformance versus peers suggests cautious optimism. Key watch: Can ALEY hold above its 30-day SMA ($0.519) to confirm a trend reversal?