$ALT USDT SHOWS BULLISH POTENTIAL WITH STRONG FIB SUPPORT ZONES

$ALT USDT is currently forming a bullish structure after bouncing near the critical 0.786 Fibonacci level at 0.1181, which is acting as a strong demand zone. The price has respected this area multiple times, showing signs of accumulation and potential reversal.

With confluence around the 0.618 (0.1300) and 0.5 (0.1400) Fib retracement levels, buyers may step in for a mid-term bullish move. Volume is slightly recovering, supported by a 10M SMA, hinting at renewed interest.

A break above 0.1400 could trigger a continuation toward the upper Fib levels.

LONG ENTRY:

Entry Zone: 0.1200 ā€“ 0.1250

TP1: 0.1300

TP2: 0.1400

TP3: 0.1500

SL: 0.1140

RISK MANAGEMENT:

Use 1ā€“2% of total capital per trade. Adjust position size according to SL distance. Always use a stop loss to protect downside.

#TechnicalAnalysis #CryptoTrading #ALUSDT #Binance #FibLevels

$ALT