$OTHERS rejected from $320 B resistance. What is next?

Rejected at $320B: Is the Altseason on Pause?

just got rejected at the $320B resistance after a decent pump — the kind that usually signals the start of an altseason. But if we dig into the indicators, warning signs are flashing:

- MACD is sitting in overbought territory.
- RSI is heavily extended, signaling potential exhaustion.
- EMA 100 & 200 are colliding with the top of a previous downtrend channel — a zone that historically acted as strong resistance.

The rejection was sharp. So what's next? Are we entering a range between $320B and $260B? It's quite possible. The aIf you wantltcoin market now sits at a decision point: either it keeps pushing higher or takes a breather — potentially pausing the rally until September.

Historically, August is a slow month in the West. People go on vacation, volumes drop, and markets tend to cool off. This seasonal pattern supports the idea of a consolidation phase before a stronger second leg of altseason kicks off in mid-September and carries into Q4.

I’m not posting too many ideas lately because the market landscape has changed. The new players aren’t just trading — they’re manipulating flows with massive capital to hunt retail liquidity.

They’re also using far more sophisticated tools than our classic MACD and RSI — including AI-powered indicators and multi-layered analytics that are beyond retail reach.

In this new environment, predictions are harder and risk is higher.

🧠 Do Your Own Research (DYOR), stay sharp, and don’t blindly trust social influencers.

7 days ago

Trade active

$OTHER was rejected at my resistance target of $320B, as forecasted, and is now struggling around the mid-range level of $292B. There's a high probability it will test the lower range at $225B before making another move upward.

8 hours ago

Trade closed: target reached

This idea was actually good, and we reached the support at $269B. There is no sign of reversal when you see the MACD on daily and the RSI bearish divergeance.
However there are 2 strong supports as seen in this updated chart.
EMA 100 at $266 B
EMA 200 at $254 B
If they do not hold the final destination will be $226 B. That should match mid september for a strong rebound and possibly the altseason part 2

CryptoNikkoid

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CryptoNikkoid

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