🚀 Analysis of Alt Layer (ALT/USDT) Coin | Are We Waiting for a New Breakout? ⚡
ALT is currently trading around the $0.00783 level, up more than +6%, with a serious attempt to break the nearby resistance and continue the upward wave.
📊 Technical Analysis:
• Daily timeframe (1D): A structurally bullish trend with strong consolidation above the MA25 ($0.00702) and MA99 ($0.00635) averages after the rise from the $0.00595 bottom.
• 4-hour and 1-hour timeframes (4H / 1H): Excellent rebound from the support level $0.00733, with a current test of the resistance level $0.00786.
• Intraday timeframe (15M): Positive momentum with the formation of higher lows above the MA25 average.
🎯 Key Levels:
• 🟢 Support levels: $0.00758 ⬅️ $0.00733
• 🔴 Resistance levels: $0.00786 ⬅️ $0.00813 ⬅️ $0.00841
💡 Suggested Trading Scenario (Short-Term):
• Entry zone: $0.00760 - $0.00783
• 🎯 First target: $0.00813
• 🎯 Second target: $0.00841 (test of the last top)
• 🎯 Third target: $0.00880 (upon breakout)
• 🛑 Stop Loss: A 4-hour candle close below $0.00730
⚠️ Disclaimer: This analysis is for educational purposes and to share an opinion only, not financial advice. Always follow risk management and use stop-loss orders (DYOR).
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