$ALT
USDT BEARISH BREAKDOWN – READY FOR FURTHER DROP
The chart shows a clear bearish continuation pattern with breakdown from the descending channel and rejection at resistance. Current price is 0.02642 (-2.83%), indicating sellers remain in control.
🔑 Key Levels:
Resistance: 0.02662 (immediate rejection zone)
Support: 0.02509 (target support zone)
Current Price: 0.02642
📉 Trade Setup (Short):
Entry Zone: 0.02644 – 0.02662
Take Profit (TP): 0.02509
Stop Loss (SL): 0.02662
📊 Short Market Outlook: ALTUSDT has broken below key support with strong bearish candles and is retesting the breakdown zone. If price sustains below 0.02662, continuation towards 0.02509 support is likely. Momentum remains negative with the trend favoring further downside moves.
⚠️ Risk Management: Always risk only 1-2% per trade. Maintain discipline by sticking to your stop loss to protect capital during volatile moves.
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