$ALPINE /USDT – Potential Long Setup Forming After Daily Rejection Wick🔐👇
Current Price: 0.782 USDT
Timeframe Observed: 1D & 1H
Chart Structure: Double bullish rejection near 0.740 support, followed by a potential higher low formation.
1D Chart Overview:🧑💻
The daily chart shows a strong wick rejection below 0.740, hinting at buyer presence. Price has reclaimed above the short-term support and is consolidating just beneath the 0.836 MA resistance. The stochastic is curving up from the oversold zone, showing early bullish momentum revival.
1H Chart Observation:🧑🏫
$ALPINE has shown strength post-breakout from the CHoCH structure. After a rapid spike toward the 0.90 zone, it has pulled back and is holding the 0.770–0.780 level, hinting at a potential higher low formation.
Trade Strategy: LONG SETUP🤽
Entry Zone: 0.768 – 0.780 (buy-on-dip near 20/50 EMA)✅
Stop-Loss: 0.738 (below daily wick support)☣️
Targets: 🎯
TP1: 0.836🎯
TP2: 0.921🎯
TP3: 1.040 (swing target)🎯
Risk/Reward: ~1:2.5 (TP2), favorable for positional scalps or mid-term setups.
Pro Tip:🧑💻
Avoid entries during impulsive candle spikes. Wait for bullish confirmation near 0.770–0.782 with support from volume or stochastic crossover.
👨❤️👨“Smart traders don’t chase green candles—they position for the next one.”
Disclaimer:⚠️
This analysis is for educational purposes only. Always DYOR and manage risk before entering any trade.
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