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#ALT Rollercoaster: Bouncing Off Support, But DUMPS 😶 $ALT rallied nicely, gaining 12.66% after hitting a key support zone. The price retreated back to this zone for a potential bounce, as it has historically acted as support. However, a sudden #Bitcoin dump sent ALT tumbling back down. 🔻

#ALT Rollercoaster: Bouncing Off Support, But DUMPS 😶

$ALT rallied nicely, gaining 12.66% after hitting a key support zone. The price retreated back to this zone for a potential bounce, as it has historically acted as support.

However, a sudden #Bitcoin dump sent ALT tumbling back down. 🔻

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IS $ALT READY TO LAUNCH? 🚀🚀

ALT has been consolidating between a strong support zone of $0.349 - $0.360 and a major resistance level around $0.44 - $0.45. This sideways movement could be an accumulation phase, indicating potential buying pressure.🟩

The coin is currently sitting on support, which could be a launchpad for a breakout😮. However, the broader market seems corrective, so caution is advised.🟥

Here's a breakdown of the analysis:

Support Zone: $0.349 - $0.360
Resistance Zone: $0.44 - $0.45
Current Price: (assuming price is near support) ~$0.35
Possible Scenario:

If ALT can hold the support and break above the resistance zone, a strong bounce could be imminent.💪

What's Your Target For #ALT ??
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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