$ALLO /USDT Analysis (1H Timeframe)
🔹 Current Price: $0.3726
🔹 Trend: Neutral to Bearish
🔹 Bollinger Bands: Price is trading near the middle band (0.3719), showing consolidation.
🔹 Order Book: Sellers dominate (82.77% Ask vs 17.23% Bid), indicating selling pressure.
🔹 Volume: Average volume, no strong breakout confirmation yet.
📈 Bullish Scenario
Break and close above $0.3780
Targets: $0.3870 → $0.3967
📉 Bearish Scenario
Lose support at $0.3580
Targets: $0.3520 → $0.3420
🎯 Trading Levels
Entry: $0.3600 – $0.3700
Take Profit: $0.3870 / $0.3967
Stop Loss: $0.3520
⚠️ Overall bias remains slightly bearish until buyers reclaim $0.3780 with strong volume.