Alright, let's cut through the noise and talk about ALT. I've been watching this one closely, and here's what's really happening.
WHERE IT STANDS RIGHT NOW
ALT is bouncing around $0.01182, up a modest 2.5% on the day. The key numbers to burn into your brain are the daily high and low: $0.01230 and $0.01115. That's the cage it's trading in. Until one of these walls breaks, we're just watching it pace back and forth.
THE REAL STORY IS IN THE FLOW
Anyone can look at a price. The real signal is in who's buying and selling.
· The Big Players (Whales): They're net sellers. -51,880 ALT in outflows. When the big money walks away, you pay attention.
· The Mid-Sized Traders: They're the buyers right now. +94,800 ALT in inflows. This group is often the "smart money" looking for a bounce.
· The Retail Crowd: Also selling, and hard. -362,240 ALT out.
The Bottom Line: The total order book shows over 319,000 ALT more left the building than entered. That's a net selling pressure, plain and simple. The mid-sized accumulation is the only thing propping it up against the combined sell-off from whales and retail.
SO, WHAT COMES NEXT?
Scenario 1: The Bounce (Short-Term Hopium)
If ALT can firmly hold above $0.01160** and catch a bid, the path of least resistance is a retest of **$0.01230. A decisive break and close above that could see a quick run toward $0.0130.
Scenario 2: The Breakdown (More Likely Right Now)
With net selling pressure and money flow looking weak on the longer time frames (the 1-day flow is deeply negative at -31%), the risk is to the downside. If $0.01115** gives way, prepare for a test of the next major support zone around $0.01080 - $0.01100. That's where I'd be looking for signs of a stronger bid.
MY TAKE
Frankly, the price action looks tired, and the money flow data confirms a lack of strong conviction. Until ALT can reclaim and hold above $0.01230 with volume, the short-term bias is neutral to bearish.
This is an infrastructure token with a Binance pedigree, which gives it a floor and long-term potential. But in the near term, it feels like it's searching for a catalyst. The mid-tier trader buying is interesting, but they're fighting against a current of selling.
Watch $0.01115 like a hawk. That's the line in the sand.
Remember: This is a lower-cap altcoin. It can move fast in either direction. Trade the chart in front of you, manage your risk, and never let a trade become an investment by accident.
