A 7.11% drop on $10.14M volume shows cooling momentum.
$ALT trades at $0.00993 following a 23-hour range between $0.00974 and $0.01107. Volume has slowed to 0.46x the recent hourly average, pointing to reduced participation after the pullback.
If buyers step in to reclaim the $0.01003 hourly close, a move back toward the upper range boundary becomes plausible. However, breaking below the $0.00974 low would invalidate the rebound scenario and signal deeper distribution.
Will buyers defend the lower boundary, or does a drop below $0.00974 confirm further downside?
Tap $ALT for the live chart. #ALT #BinanceSquare
$ALT trades at $0.00993 following a 23-hour range between $0.00974 and $0.01107. Volume has slowed to 0.46x the recent hourly average, pointing to reduced participation after the pullback.
If buyers step in to reclaim the $0.01003 hourly close, a move back toward the upper range boundary becomes plausible. However, breaking below the $0.00974 low would invalidate the rebound scenario and signal deeper distribution.
Will buyers defend the lower boundary, or does a drop below $0.00974 confirm further downside?
Tap $ALT for the live chart. #ALT #BinanceSquare