ALT Comments and Price Analysis July 11, 2025

ALT Comments and Price Analysis July 11, 2025

ALT/USDT Upward Breakout Technical Analysis

ALT has broken above the triangle formation, and the upper boundary of the triangle formation ($0.034) got broken with great volume. This level should be followed as a retest support area in case of possible pullbacks. If the price goes down for a retest, it will be really positive if it can hold above $0.0347. If the price climbs, then the first resistance zone will be $0.043 – $0.047. If the price goes beyond this resistance level, then $0.083 and $0.092 could be short and medium-term targets.

ALTUSDT_2025-07-11_14-39-18.png
ALT Current View

In short:

  • Narrowing triangle formation got broken upwards.
  • Breakout level $0.034 is the first support area.
  • First resistance area: $0.043 – $0.047
  • Middle short-term target is $0.09

These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.

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