🚨 ALTS Market Update – Major Move Incoming? 🚨
The Altcoin Market Cap (Excluding BTC) is flirting with a key demand zone 👀
📊 Currently ranging in a rectangular consolidation channel on the 4H chart
🟩 Support Zone: $1.14T – $1.17T
🟥 Resistance Zone: $1.26T – $1.28T
🔥 Why it matters:
Price is hovering just above a critical support level. This zone has held strong in the past, and bulls may attempt a bounce here.
BUT... 🧱 The Ichimoku Cloud is putting up a fight — acting as a ceiling above price and limiting momentum.
🚦 What to watch: ✅ Bounce scenario: A rebound here could trigger a push back to the top of the range
❌ Breakdown warning: A close below $1.14T = likely more pain for altcoins
🔍 Stay sharp, traders! Altcoins are at a make-or-break level, and the next move could define the short-term trend.
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