From the charts and data provided, I will analyze $ALT
Technical analysis:
Current price: 0.15763 USDT (+6.62%)
The MA lines are trending upwards and are layered from bottom to top, indicating a clear uptrend
RSI fluctuates around the 61 area, not yet in the overbought region (>70)
MACD is positive and trending upwards
Bollinger Bands are expanding upwards, supporting the uptrend
Money flow analysis:
Total buying volume (6.94M) is greater than selling (4.62M), indicating stronger buying pressure
Large inflows show positive signs with 1.47M in the last 24 hours, after a series of net withdrawals
The distribution of buy/sell orders is quite balanced among large, medium, and small investor groups
Forecast and recommendations:
Short term (1-3 days): The uptrend may continue with a target of 0.16-0.165 USDT
Important support levels: 0.152, 0.146
Resistance levels to watch: 0.160, 0.162
Trading recommendations:
Can buy at the current price range with a stop loss below 0.152
Take partial profits at levels 0.160 and 0.162
Should allocate capital reasonably, not going all-in due to the volatility of the crypto market
Monitor additional macro news that may affect the crypto market in general
Note: This is only a reference analysis, not an investment recommendation. Investors need to carefully consider risks and have an appropriate capital management strategy.
👍 if you 🤑