ALT printed a -36.9% candle in the last 24 hours.
That move established a new 7-day low at 0.00746 on just $28M in volume. The bounce from that low is struggling, with price pinned well below the 20-day EMA at 0.00926.
This doesn't look like a high-volume capitulation wick. It's a steady grind down, and the bid is soft.
Is anyone buying this dip, or are you selling the bounce?
$ALT
More of these coming today. Follow to catch them as they land.
That move established a new 7-day low at 0.00746 on just $28M in volume. The bounce from that low is struggling, with price pinned well below the 20-day EMA at 0.00926.
This doesn't look like a high-volume capitulation wick. It's a steady grind down, and the bid is soft.
Is anyone buying this dip, or are you selling the bounce?
$ALT
More of these coming today. Follow to catch them as they land.