ALLO is currently failing to break through the 0.09120 resistance level, and I'm seeing a clear sweep of the order block at 0.09030, which is a major bearish sign. The high-time frame is telling a bearish story, with the RSI hovering at 44, indicating a potential downturn.

From a technical analysis perspective, the price action is looking weak, with volume at 0.2x, and the SMC Score is at 5.1/10, which is not ideal for a bullish move. The zones are also showing an OB+FVG Sandwich zone, which is a classic bearish setup.

Here are the trade levels:

Entry: 0.09030

Take Profit 1: 0.08610 (RR 3.3x)

Take Profit 2: 0.07980 (RR 8.2x)

Stop Loss: 0.09158

I'm shorting $ALLOUSDT at 0.0903, with a tight stop loss, targeting 0.0861. The risk-reward ratio is looking good, and I'm expecting a potential move down to the first take profit level.

Followers, keep a close eye on this trade, and let's ride the wave down. Remember to always set your stop loss and don't overleverage. #BinanceSquare #ALLO #CryptoSignals #Futures #SmartMoney