$ALT is down 51% in twelve days — and the crowd has already priced in the October 25 unlock dump.
240.1M ALT unlocks in two days, roughly $1.8M today. The fear says it flushes. But the one dataset nobody is quoting says the opposite: across ALT's past unlocks, its own data shows low post-unlock volatility. The tape is selling the unlock before it lands — history suggests the unlock itself is rarely the event.
Binance spot took it $0.0156 to $0.0076 in twelve days, the 12-day low $0.00724. The biggest dump candle printed 1.1B ALT of volume — a flush, and flushes are where weak hands finish selling.
Support $0.00724, the flush low; a 4h close under it re-opens the all-time-low discussion around $0.0054. Resistance $0.0087, last week's congestion.
The honest risk: past unlocks happened in calmer tape, and a coin this close to its lows doesn't need an unlock to break — it needs a bid.
Is the unlock the dump — or is the dump already behind us? NFA. DYOR.
$ALT #Altcoins #AltLayer #TokenUnlock #Rollups
240.1M ALT unlocks in two days, roughly $1.8M today. The fear says it flushes. But the one dataset nobody is quoting says the opposite: across ALT's past unlocks, its own data shows low post-unlock volatility. The tape is selling the unlock before it lands — history suggests the unlock itself is rarely the event.
Binance spot took it $0.0156 to $0.0076 in twelve days, the 12-day low $0.00724. The biggest dump candle printed 1.1B ALT of volume — a flush, and flushes are where weak hands finish selling.
Support $0.00724, the flush low; a 4h close under it re-opens the all-time-low discussion around $0.0054. Resistance $0.0087, last week's congestion.
The honest risk: past unlocks happened in calmer tape, and a coin this close to its lows doesn't need an unlock to break — it needs a bid.
Is the unlock the dump — or is the dump already behind us? NFA. DYOR.
$ALT #Altcoins #AltLayer #TokenUnlock #Rollups