ALT/USDT Market Update 📊
ALT/USDT is currently trading around $0.00874, showing a strong +10.91% daily gain. Price recently touched a 24 high near $0.00898, indicating short-term bullish momentum, but we’re now seeing slight pullbacks as traders lock in profits.
On the lower timeframes, price is moving under the MA60, suggesting short-term resistance overhead. Volume spikes earlier in the session show strong buyer interest, but recent candles reflect consolidation and minor selling pressure.
📌 Key Observations:
Strong intraday push followed by pullback
Price testing short-term support around $0.00872–0.00874
Order book shows more buyers than sellers (bullish sentiment bias)
Overall trend still weak on higher timeframes (30D: -30.91%, 90D: -43.72%)
This could be a classic intraday momentum move inside a larger downtrend. Watch for:
✔ Break above 0.00890 for continuation
✔ Loss of 0.00870 support for deeper pullback
As always, manage risk and wait for confirmation — don’t chase green candles.
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