ALT is sitting 2.5% below its recent peak, poised near the 1,780 level. A break below could trigger a short swing toward 1,730.
🔴 $ALT SHORT 📉
Entry → $0.005534-$0.005546
Stop → $0.005706 (-3.0%)
TP1 → $0.005457 (+1.5%)
TP2 → $0.005263 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke on a clear CHoCH, backed by a bullish‑to‑bear shift on the CVD. An OB at 1,795 aligns with a fair‑value gap, and a liquidity sweep erased the last buying excess, creating a POI where the OB and FVG overlap.
A 3.0% stop is relatively tight, so a max of 5‑10× leverage keeps risk manageable.
Take half profit at the first target around 1,750 to lock in the initial 1.7 R.
As always: manage your risk, this is not financial advice 🙏
$ALT #ALTUSDT #THORChain #TradingSignals #Write2Earn
🔴 $ALT SHORT 📉
Entry → $0.005534-$0.005546
Stop → $0.005706 (-3.0%)
TP1 → $0.005457 (+1.5%)
TP2 → $0.005263 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke on a clear CHoCH, backed by a bullish‑to‑bear shift on the CVD. An OB at 1,795 aligns with a fair‑value gap, and a liquidity sweep erased the last buying excess, creating a POI where the OB and FVG overlap.
A 3.0% stop is relatively tight, so a max of 5‑10× leverage keeps risk manageable.
Take half profit at the first target around 1,750 to lock in the initial 1.7 R.
As always: manage your risk, this is not financial advice 🙏
$ALT #ALTUSDT #THORChain #TradingSignals #Write2Earn