$ALT: Post-Spike retracement towards base support
$ALT experienced a massive vertical spike up to $0.015633 on high volume, but heavy selling pressure quickly retraced most of the move back down near $0.0118. I want to see if price can stabilize above the lower range near $0.0110 for a potential base, as failing to hold this level could risk a full retest of the $0.00947 breakout low.
Are you expecting a relief bounce on $ALT or further downside?
⚠️ Sharp wicks following major surges carry heightened rejection risk. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$IRYS
$ALT experienced a massive vertical spike up to $0.015633 on high volume, but heavy selling pressure quickly retraced most of the move back down near $0.0118. I want to see if price can stabilize above the lower range near $0.0110 for a potential base, as failing to hold this level could risk a full retest of the $0.00947 breakout low.
Are you expecting a relief bounce on $ALT or further downside?
⚠️ Sharp wicks following major surges carry heightened rejection risk. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$IRYS