$ALT Outlook – Strong Breakout, But Key Tests Ahead
1 Day Chart Analysis
After a long consolidation phase below $0.035, #AltLayer has broken above MA25 (0.033) and is now challenging MA200 (0.040).
The MA7 and MA25 are curling upward — bullish slope momentum forming.
Current price is approaching prior supply zone near $0.041–0.043, last seen during the June spike.
If it reclaims 0.0406+ (MA200), it could mark a trend reversal on higher timeframes.
Daily Resistance Zones:
🔼 $0.04140 (24h High)
🔼 $0.04800 (Post-spike rejection)
Support:
🔽 $0.0350 (MA25)
🔽 $0.03120 (MA99)
1Hr Chart Analysis
Price surged from $0.0306 → $0.0414 before correcting back to the $0.037–0.038 zone.
All key MAs (MA25, MA99, MA200) now lie below price — showing a trend shift to bullish.
The price is currently retesting breakout levels
15Mins Chart Analysis
Short-term pullback was absorbed quickly, and price is now reclaiming the 7MA.
Momentum seems to be rebuilding, but watch for:
🔁 $0.041 breakout with volume = fresh bullish push
⚠️ Failure to hold $0.037 = short-term exhaustion. Watch $0.0406–0.0414 as critical resistance band. A daily close above $0.041 would shift sentiment from bounce to breakout