$ALT has gained 16.66%, supported by a reported volume surge and a break above its local descending trendline. RSI at 61 and a 14% increase in futures open interest indicate growing momentum. Positive funding also signals rising long demand, although a broader Bitcoin sell-off could undermine the setup.
📈 Bias: Short-Term Bullish | 🎯 Entry: $0.01140–$0.01170 | 🛡 Support: $0.01080 | 🚧 Resistance: $0.01250 | 🎯 Targets: $0.01240 / $0.01310 / $0.01380 | ❌ Invalidation: $0.01050
Strategy: Watch for a successful retest of the breakout structure before entering; avoid chasing an extended move.
#ALT #Altcoins #CryptoTrading #TechnicalAnalysis #BinanceSquare
📈 Bias: Short-Term Bullish | 🎯 Entry: $0.01140–$0.01170 | 🛡 Support: $0.01080 | 🚧 Resistance: $0.01250 | 🎯 Targets: $0.01240 / $0.01310 / $0.01380 | ❌ Invalidation: $0.01050
Strategy: Watch for a successful retest of the breakout structure before entering; avoid chasing an extended move.
#ALT #Altcoins #CryptoTrading #TechnicalAnalysis #BinanceSquare