$ALT USDT – BEARISH REVERSAL AFTER PARABOLIC SPIKE!
• SHARP REJECTION FROM $0.05650 HIGH
• HEAVY WICK & DECREASING VOLUME SIGNAL WEAKNESS
$ALT soared over 43% in 24H, hitting a peak at $0.05650 — but the rally met a wall. The massive upper wick and immediate red follow-up candle on the 4H chart indicate profit-taking and exhaustion. Volume is fading, suggesting momentum may be cooling off fast.
Trade Setup (Short):
• Entry: $0.04100 – $0.04300
• Targets:
◦ TP1: $0.03700
◦ TP2: $0.03150
◦ TP3: $0.02850
• Stop Loss: $0.04600
Caution advised — this could be the start of a sharp retracement.
#ALTUSDT #BearishSignal #CryptoReversal #Altcoins #BinanceFutures