$ALT /USDT – Downtrend Alert! Short Trade Idea

Current Price: $0.04705

24H Change: +63.71%

Volume: 1.19 Billion ALT

Category: High Gainer, Now Showing Weakness

Why Consider a Short on ALT?

ALT price went up fast earlier but is now falling. It dropped from $0.05650 to around $0.047. The chart shows sellers are getting strong. The red candles are growing, and support is breaking slowly. If this keeps going, price may fall more.

Price Levels to Watch:

Resistance (Price may stop going up): $0.04739 and $0.04950

Support (If breaks, price may drop fast): $0.04477 and $0.04250

Trade Plan (Short Setup):

Sell Between: $0.04710 – $0.04740

Stop Loss: Above $0.04800

Target 1: $0.04650

Target 2: $0.04580

Target 3: $0.04500

In Short:

ALT is showing signs of a downtrend now. If it stays below $0.04740 and breaks support near $0.04477, it may fall more. This can be a chance for profit in both spot and future short trades.