ALTUSDT | Preparing for Another Leg Down?

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Market Context

Bitcoin’s downward trend suggests we might see more bearish action in the coming weeks. As BTC drops, the ripple effect is likely to hit the entire market, making ALTUSDT a prime candidate for further declines.

Chart Analysis

• BTC Influence: Bitcoin is leading the market downwards, and ALTUSDT is poised to follow.
• Bearish Indicators: Technical indicators and market sentiment are aligning to signal more downside for ALTUSDT.

Strategy

I’m going short on ALTUSDT, betting on another leg down. The current market conditions provide a solid setup for this move.

Action Plan

Entering a short position on ALTUSDT to capitalize on the expected bearish trend. Let’s see if this theory holds true and delivers some solid gains on the downside.

Let’s catch this wave down together! 📉🔥

Penafian

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