$ALT
Recently, the ALT token has rebounded strongly from its lower support level, with a gain of about 65%. However, it is currently facing significant resistance at the $0.117 price level, indicating that it may face considerable challenges to break through this price level.
From a technical analysis perspective, the RSI (Relative Strength Index) of ALT has climbed into the overbought area, which is a warning sign that a price correction may occur in the short term. If a correction does occur, it may be a reasonable choice to buy ALT tokens in the range of $0.066 to $0.084, as this range may provide solid support.
In order to plan a trading strategy more clearly, the following is an overview of the key points:
Major resistance level: $0.117, which is the main obstacle facing the ALT token to the upside at present. Buying range: $0.066 to $0.084, this range is the recommended buying area in case of a correction. Target price: Multiple potential target prices have been set, including $0.167, $0.296, $0.446, and $0.67, which reflect investors’ expectations of ALT’s future upside potential.