๐ Altcoin Revival : Is a New ATH on the Horizon?
#altcoins #ALTUSDT #ATH. #Write2Earn #BinanceSquareFamily
1๏ธโฃ Market Overview :
A project that saw a massive $300M exit dropped from $0.47 to $0.12, shaking investor confidence. However, accumulation suggests a recovery is underway.
2๏ธโฃ Current Price Action :
The asset is stabilizing after the dump, with key resistance levels ahead. A reversal pattern could fuel a strong breakout.
3๏ธโฃ Key Resistance Levels & Targets :
Immediate Resistance : $0.24 (TP1), $0.30 (TP2)
Major Breakout Zone : If $0.30 is breached, expect:
TP1 : $0.36
Cup & Handle Formation โ New ATH at $0.85 (April projection)
4๏ธโฃ Technical Indicators :
RSI showing bullish divergence, increasing volume at lower levels, and potential for a classic Cup & Handle pattern.
5๏ธโฃ Conclusion :
If price sustains above $0.30, momentum could build toward a retest of previous highs and a potential ATH.
๐ก Pro Tip :
Watch for strong volume confirmation before entering; premature FOMO can lead to losses.
๐ Investor Advice :
Spot buying remains the safest betโavoid leverage in a volatile setup. Patience and strategic entries could yield high returns! ๐
