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ALT price today is $0.006452, -2.01% in the last 24 hours. Live chart, key levels, a simple technical read and the latest ALT news below.
ALT is below its 200-day moving average, so the bigger trend is weak, although price is near the 50-day average, which hints at a short-term recovery attempt.
The daily RSI is 42, showing weak momentum.
Funding is negative at -0.031% per 8 hours, so shorts are crowded. That can fuel a short squeeze if price turns up.
For today, the first resistance is near $0.006843 and the first support is near $0.006467. A daily close above resistance or below support would show the next direction.
Classic daily pivot levels for ALT, calculated from the last completed daily candle.
Automatic summary from daily candles, updated every few minutes. Not financial advice.
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ALT (ALT) is trading at $0.006452 on Binance futures, down 2.01% in the last 24 hours. The 24-hour range is $0.006349 to $0.006754.
Our technical read for ALT today is mildly bearish. ALT is below its 200-day moving average, so the bigger trend is weak, although price is near the 50-day average, which hints at a short-term recovery attempt. This is an automatic technical summary, not financial advice.
Based on the last daily candle, resistance is near $0.006843 and $0.007021, and support is near $0.006467 and $0.006269. The daily pivot is $0.006645.
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ALT is one of the biggest movers among the most traded coins today, down 31.4% to $0.00796 with $220.8M traded in 24 hours. Moves this large usually come with big swings in both directions, so manage risk carefully.
The funding rate on ALT perpetual futures is −0.125% per 8 hours, which means short traders are paying a lot to keep their positions open. Very crowded positioning like this can end with a sharp move higher (short squeeze).
ALT is up 24.8% over 24 hours and trades at $0.0120, above its rising trendline from Sep 28. Price remains 23.4% below the Oct 21 high of $0.0156, which sits at the top of a key resistance zone.
TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.
