Price forecast for $ALT

Support and resistance levels:

Major Resistance: Around $0.34 (🔴)Major Support: Around $0.30 (🟢)Next Major Support: Around $0.237 (🟢)Possible Level Support: Around $0.117 (🟢)

Fibonacci levels:

It is important to pay attention to Fibonacci levels such as 0.5 (50%) and 0.618 (61.8%), which are often used to determine support and resistance levels.

Trading volumes (VPR):

The right side of the chart shows trading volumes, which indicate high activity at certain price levels. High activity around the $0.30 level indicates strong support (🟢).

Current trend:

In the short term, the price may continue to decline to the support level of $0.30 (🟢). If the $0.30 level fails, the price may drop to the next support around $0.237 (🟢).

Forecast

Short term (several weeks):

The price is likely to decline to the support level of $0.30 (🟢) and a possible rebound. If the support of $0.30 does not hold, the next target is $0.237 (🟢).

Medium term (several months):

If the price stays above $0.30 (🟢) and starts growing, then the targets could be at $0.50 (🔵) and $0.62 (🔵).

Conclusion

Based on the current analysis and the chart provided, the short-term outlook remains bearish (⬇️), but with potential for a rebound from the $0.30 level (🟢). The medium-term forecast will depend on whether the price manages to stay above key support levels.