$ALT Long Liquidation Analysis
Massive pressure burst on $ALT as long positions worth $2.773K were liquidated at $0.03469. The market just sent a clear signal — the weak hands are being shaken out, and volatility is preparing the stage for a potential reversal.
Analysis & Trading Levels
Buy Zone: $0.03210 – $0.03330
This zone reflects a key accumulation pocket, where prior liquidity and support converge. Ideal for high-risk-reward entries, especially if volume spikes.
Target 1: $0.03820
Target 2: $0.04210
Target 3: $0.04580
Each level reflects significant resistance clusters seen during recent bullish momentum phases. A breakout above $0.038 will attract fresh buyers.
Stop Loss: $0.03040
Breach below this level would indicate deeper sell pressure and invalidate the setup.
Outlook
This liquidation event could act as a pivot point. If the price holds the buy zone and consolidates with rising volume, $ALT could be gearing up for a strong move. The structure is fragile but holds explosive upside potential for the disciplined trader.