$ALT Let's take a look at the current situation based on the latest data:🚨

Recent Trading Volume: The 24-hour trading volume is around $309,801,736.59.

Trade Setup Recap:$ALT

Entry Zone: $0.03750 – $0.03900

Take Profit 1: $0.03200

Take Profit 2: $0.02800

Stop Loss: $0.04200

Observations:

The recent spike to $0.05457 followed by a rejection indicates potential exhaustion, aligning with your analysis of a bull trap.

The massive wick and swift retracement indeed suggest that traders should be cautious and look for confirmation of weakness.

Next Steps:

Keep an eye on the volume trends and any signs of further weakness near the resistance levels you've identified.

Buy and trade here on $ALT