$ALT This price action is actually pretty standard.
It rallied from 0.0072 all the way to 0.0092, with volume surging threefold, and the MACD golden cross has already formed, indicating a clear trend shift to the upside.
Now, we're seeing a pullback around 0.0073 with reduced volume, which feels more like the big players are washing their positions rather than hitting a top.
The key point is that the RSI is still only at 52, far from overheating, suggesting there's still room for further gains ahead.
As long as support holds,
this looks more like a healthy correction,
rather than the end of the rally.
The next key level to watch is still around 0.01.
#ALT #BTC
It rallied from 0.0072 all the way to 0.0092, with volume surging threefold, and the MACD golden cross has already formed, indicating a clear trend shift to the upside.
Now, we're seeing a pullback around 0.0073 with reduced volume, which feels more like the big players are washing their positions rather than hitting a top.
The key point is that the RSI is still only at 52, far from overheating, suggesting there's still room for further gains ahead.
As long as support holds,
this looks more like a healthy correction,
rather than the end of the rally.
The next key level to watch is still around 0.01.
#ALT #BTC