ALT leads fans to violently earn 1978% profit!!
If ALT cannot stabilize above 0.028 and break through the moving average resistance, it is likely to continue retracing to the 0.024-0.022 area, looking for a genuine support zone.
If there is a surge in volume and it breaks through the previous short-term high near 0.030, it can be initially viewed as a small-level rebound signal.
The current stage is not suitable for blindly bottom-fishing; it is recommended to wait for a volume signal or a moving average turning point confirmation before considering building positions at low levels.
Currently, the ALT trend is weak, in a consolidation phase after a decline, and does not have the conditions for a trend reversal. Patiently waiting for the market to choose a direction is a more prudent strategy.
