#Alts Market Cap Analysis 🤔
The ALTS market cap has broken out of a falling wedge pattern with strong volume, indicating bullish potential.
However, it is currently facing rejection at a key horizontal supply zone and trading within the Ichimoku Cloud, suggesting indecision.
A breakout above the supply zone would likely trigger a continued upward rally in the ALTS market.
Alternatively, a short-term correction remains possible at this level.
Keep a close watch on upcoming price action for confirmation.
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