$ALT
/USDT Short Trade Signal:šØšÆ
$ALT surged strong with a blow-off top at 0.05457, followed by sharp rejection and increased volatility. Heavy volume may suggest a distribution phase as price pulls back from intraday highs.
Entry:
ā Short entry zone: 0.03650ā0.03800
ā Look for weak bounces or lower highs on 15m
Targets:
ā 0.03300 (first retracement zone)
ā 0.02900 (24h mid-range)
ā 0.02500 (key demand and previous support)
Stop Loss:
ā Above 0.04020 (strong rejection needed to hold short bias)
Key Levels:
ā Resistance: 0.03850, 0.04200
ā Support: 0.03300, 0.02900, 0.02500
Pro Tip:
This is a high-risk/reward play post-parabolic move. Use tight risk management ā if it reclaims 0.040, trend continuation becomes more likely. Watch for declining buy volume to confirm momentum shift.
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