$ALT /USDT – Downtrend Signal for Short Trade

Current Price: $0.03793

Trend: Weak and moving down after rejection from $0.03839

Volume: 258.38 Million ALT

Price Levels to Watch

Resistance: $0.03820 and $0.03840

Support: $0.03760 and $0.03720

Trade Plan (Short Setup)

Sell Between: $0.03790 – $0.03810

Stop Loss: Above $0.03840

Target 1: $0.03760

Target 2: $0.03720

Target 3: $0.03680

Summary

ALT price failed to hold above $0.03820 and is now moving down. If price stays under $0.03800, more downside is expected. Futures traders can take short positions for quick profit if the downtrend continues.