$ALT is facing rejection and is on the verge of major pullback
Short ALT (DCA Entries)
EP1: 0.0102 – 50%
EP2: 0.0108 – 30%
EP3: 0.0120 – 20%
SL: 0.01120
TP1: 0.00970
TP2: 0.00935
TP3: 0.00900
TP4: 0.00870
Why:
ALT has surged 15% and faced rejection after hitting 0.011085. Price is below MA7 (0.010344) but remains above MA25 (0.009250) and MA99 (0.008688). MACD remains positive, although the latest candles show fading momentum after the spike. A breakdown below 0.00970 could trigger further profit-taking, while a breakout above 0.011085 invalidates the bearish idea.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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#Altcoin Season# #Macro Insights#
Short ALT (DCA Entries)
EP1: 0.0102 – 50%
EP2: 0.0108 – 30%
EP3: 0.0120 – 20%
SL: 0.01120
TP1: 0.00970
TP2: 0.00935
TP3: 0.00900
TP4: 0.00870
Why:
ALT has surged 15% and faced rejection after hitting 0.011085. Price is below MA7 (0.010344) but remains above MA25 (0.009250) and MA99 (0.008688). MACD remains positive, although the latest candles show fading momentum after the spike. A breakdown below 0.00970 could trigger further profit-taking, while a breakout above 0.011085 invalidates the bearish idea.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#