$ALT ALT is gaining traction with a **12.35% rally** to **$0.03731**, showing strength in the Infrastructure sector. The price is testing the MA7 ($0.03723) while holding above the MA25 ($0.03709) and MA99 ($0.03521), signaling bullish potential. The **RSI(6) at 55.62** indicates room for further upside before nearing overbought territory.
**Key Levels to Watch:**
- Immediate resistance at **$0.03889** (24h high)
- Strong support at **$0.03507** (recent swing low)
- Psychological barrier at **$0.0400** if breakout continues
**Market Dynamics:**
- MACD shows slight bearish crossover (**DIF -0.00002**) but momentum is neutral
- Healthy trading volume (**205.33M ALT / $7.36M**) confirms interest
- Price needs to hold above **$0.03709** (MA25) to maintain bullish structure
**Trading Strategy:**
1) **Breakout Play:**
- Enter above **$0.03750** targeting **$0.03889**
- Secondary target at **$0.03932**
- Stop-loss below **$0.03500**
2) **Conservative Approach:**
- Wait for pullback to **$0.03507-$0.03600** support zone
- Better risk-reward entry if tested
**Conclusion:**
ALT shows promising upside potential, particularly if it can clear the **$0.03889** resistance. The neutral RSI suggests this rally has room to run if buying pressure continues.
