The 4-hour ALT/USDT chart shows a recent breakdown below a rising channel, indicating potential bearish momentum. Currently, the price is testing a key support zone within a 4-hour Bullish Fair Value Gap (FVG), with the 61.8% Fibonacci retracement level around 0.07847 acting as a critical support.
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If this level holds, we might see a bounce back, but if it breaks, further downside toward the 0.07326 level could be expected. Bulls need to reclaim the channel to regain control, while bears will be eyeing a sustained move below the FVG.
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