Alts look like they've finished the retest. Structure's clean here — we got the pullback into support zones, held the key levels, and now we're seeing momentum shift back bullish. This is textbook reaccumulation after a move up.
What confirms this read? Price holding above prior resistance-turned-support, volume drying up on the pullback (classic sign of weak selling pressure), and now we're getting early bullish divergence on shorter timeframes.
The setup: Long bias on alts here. Entry zone is current levels to slight dip. Stops below the retest low — that's your invalidation. If we lose that structure, the thesis breaks and we reassess.
Target: Next resistance cluster overhead. Watch $BTC dominance too — if it starts rolling over, that's fuel for the alt move.
This is the kind of setup you wait for. Clean retest, clear invalidation, risk-defined. Let's see if alts deliver. 🔥
What confirms this read? Price holding above prior resistance-turned-support, volume drying up on the pullback (classic sign of weak selling pressure), and now we're getting early bullish divergence on shorter timeframes.
The setup: Long bias on alts here. Entry zone is current levels to slight dip. Stops below the retest low — that's your invalidation. If we lose that structure, the thesis breaks and we reassess.
Target: Next resistance cluster overhead. Watch $BTC dominance too — if it starts rolling over, that's fuel for the alt move.
This is the kind of setup you wait for. Clean retest, clear invalidation, risk-defined. Let's see if alts deliver. 🔥
