$ALT is not breaking down, it’s flushing weak hands.
15.1% down in 24h, 13.7% gone in the last 4h, yet $38.99M traded. That’s panic volume, not a quiet bleed. RSI is 42, funding is -0.016%, and shorts are paying to stay brave. Funny.
Mixed MAs mean chop, but ALT is 47% off its 30d high and only 16% up from the range floor. I’d watch $0.008 and only consider an entry after it holds. $XRP had cleaner strength. ALT is the ugly contrarian bet here. 🔥📉
Would you enter near $0.008 or wait for a retest? 👀
#ALT #Web3
15.1% down in 24h, 13.7% gone in the last 4h, yet $38.99M traded. That’s panic volume, not a quiet bleed. RSI is 42, funding is -0.016%, and shorts are paying to stay brave. Funny.
Mixed MAs mean chop, but ALT is 47% off its 30d high and only 16% up from the range floor. I’d watch $0.008 and only consider an entry after it holds. $XRP had cleaner strength. ALT is the ugly contrarian bet here. 🔥📉
Would you enter near $0.008 or wait for a retest? 👀
#ALT #Web3