$ALT Bounce Zone or Bear Trap? Price Hits Key Support After 33% Pump!

ALT is trading at $0.03825, up 33.65% in the last 24 hours, but the chart is flashing warning signs. After hitting a 24h high of $0.05650, the price has dropped significantly and is now testing a key horizontal level. Will bulls reclaim control — or is more downside coming?

Key Technical Levels

• Resistance Zone:

• $0.04120 – First major barrier for recovery

• $0.04300 – Secondary resistance to flip for short-term bullish structure

• $0.04600 – Key level before a retest of the high zone

• Support Zone:

• $0.03800 – Immediate support being tested now

• $0.03550 – Next demand zone

• $0.03200 – Last base before trend turns fully bearish

Trade Setup – Decision Time for ALT

• Bullish Entry: Break and hold above $0.04120

• TP1: $0.04300

• TP2: $0.04550

• TP3: $0.04800

• Bearish Entry: Breakdown below $0.03800

• TP1: $0.03550

• TP2: $0.03320

• TP3: $0.03000

Volume is high at 14.22M, suggesting there’s still strong interest — but bulls must defend this level fast. A bounce could ignite a reversal, but failure to hold may accelerate the fall.

ALT is on the edge — reversal incoming or breakdown continuation? Stay sharp!

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