ALT is grinding lower after a failed bounce off the 0.45 resistance, and the next swing looks set to test the 0.38 zone. Momentum is turning bearish as sellers dominate the order flow.
🔴 $ALT SHORT 📉
Entry $0.007928-$0.007944 | SL $0.008174 (-3.0%) | TP1 $0.007817 (+1.5%) | TP2 $0.007539 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break on the 1‑hour chart gave a clean CHoCH, while the CVD turned negative confirming the sell pressure. A fresh FVG opened right under the broken OB, and a liquidity sweep took out the 0.42 level, aligning the POI where the OB and FVG overlap. All that points to a short bias toward the 0.35 target.
A 3% stop is relatively tight, so keep leverage at or below 5x to protect equity.
Consider taking half off near the first profit zone around 0.36 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ALT #ALTUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $ALT SHORT 📉
Entry $0.007928-$0.007944 | SL $0.008174 (-3.0%) | TP1 $0.007817 (+1.5%) | TP2 $0.007539 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure break on the 1‑hour chart gave a clean CHoCH, while the CVD turned negative confirming the sell pressure. A fresh FVG opened right under the broken OB, and a liquidity sweep took out the 0.42 level, aligning the POI where the OB and FVG overlap. All that points to a short bias toward the 0.35 target.
A 3% stop is relatively tight, so keep leverage at or below 5x to protect equity.
Consider taking half off near the first profit zone around 0.36 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ALT #ALTUSDT #CPIWatch #TradingSignals #Write2Earn