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【$ALT Signal】Pullback confirmation — bulls unleash a second push
$ALT 1H level has just completed a pullback confirmation following the prior breakout, and the price has reclaimed the EMA20. The 4H Bollinger Bands are opening upward, and the price has broken out of the upper band, with extremely strong momentum. Both MACD cycles show a golden cross, and the histogram bars are expanding—buyers are actively pushing forward.
🎯 Direction: Long
⚡ Entry: Enter directly at around 0.007067, or place orders to lie in wait in the 0.006300 - 0.006368 range.
🛑 Stop Loss: Below 0.006300
🚀 Target 1: 0.006640
🚀 Target 2: 0.006776
🛡️ Trade Management:
- Execution Strategy: After the price touches the first target level, reduce the position by half; move the stop loss of the remaining position up to the entry price. If the price cannot hold above 0.0070 and falls back into the entry zone, consider exiting and watching for signals.
Position size remains stable; during the price surge, there was no large-scale exit, indicating that the main players are firmly defending. The negative funding rate is as high as -1.18%, which may provide fuel for a short squeeze. The order book shows that below 0.00705, buy orders are piling up actively and thickly, forming a clear defensive position. This combination of rising volume and price along with a negative fee rate often signals a rapid upward push phase in hot coins, and based on the current outlook, the risk-reward ratio is still favorable.
Check real-time market 👇 $ALT
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#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡