$ALT /USDT Trading Setup
ALT is showing early signs of recovery after a sharp decline, currently trading around 0.01745. The pair has formed a short-term higher low on the 4H chart, suggesting a potential relief bounce if momentum sustains above the 0.0172 level.
Setup:
Entry: 0.0173 – 0.0175
Targets:
1. 0.0179 (immediate resistance)
2. 0.0184 (short-term breakout level)
3. 0.0192 (major upside target)
Stop-Loss: 0.0169
Analysis:
ALT has bounced back from its recent low of 0.0161, gaining strength as buyers step in at lower levels. The current move suggests a possible short-term trend reversal if price breaks and holds above 0.0178. A clean 4H close above 0.0180 would confirm bullish continuation toward the next resistance zones. However, a drop below 0.0169 would negate this setup and signal renewed weakness.
Overall bias: Bullish short-term, trend confirmation above 0.0180.
