$ALT COIN INDEX BREAKOUT RETEST IN PLAY — ALTSEASON LOADING!
The Altcoin Season Index has broken out of a prolonged falling wedge pattern, signaling a potential shift from Bitcoin dominance back to altcoins. After the breakout, the index successfully retested the wedge resistance as support — a classic bullish confirmation. This move could trigger a rapid push toward the 75 level, officially marking the return of Altcoin Season.
Trade Setup (ALT Dominance Play):
Entry: On breakout confirmation above 25
Target (TP): 75 (Altcoin Season threshold)
Stop Loss (SL): Below 20 (invalidates retest)
Market Outlook:
This retest followed by upward momentum suggests growing strength in altcoins. With BTC dominance cooling off, funds are expected to rotate into mid-cap and low-cap alts, boosting the index.
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