🚨 $ALT /USDT Analysis 🚨

📉 Current Situation:
$ALT experienced a significant drop following the completion of a Head & Shoulders pattern, as predicted. The price action has been largely bearish, but we are now at a critical juncture.

📊 Next Steps:
I’m currently monitoring for a potential breakout that could signal a reversal. If $ALT can break out of its current consolidation phase, it may present a strong opportunity to go LONG.

🎯 Trade Strategy:

Watch for Breakout: Keep an eye on key resistance levels. A successful breakout could indicate a reversal and a new upward trend.

Target: If a breakout occurs, look for key levels above to set your targets.

💡 Market Sentiment:
The market sentiment remains cautious as ALT/USDT continues to consolidate. Traders should be prepared for potential volatility and act accordingly when a clear signal emerges.

Risk Disclaimer: DYOR and NFA

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