$ALPACA 🔴 Trade Urgent Update:
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SELL Signal
Coin: ALPACE
Entry Zone: 0.32 - 0.30
The price is currently in a strong resistance zone, indicating a potential reversal or bearish momentum.
🔴 Stop-Loss 0.27 (10% above entry zone)
Set your stop-loss above the resistance zone to limit potential losses.
Immediate Profit Target
Target 1: 0.26
This is the next support level where you might consider taking some profit. A breakdown below this level could signal a stronger downward trend.
Additional Profit Targets
Target 2: 0.22
For long-term holders, this is an additional profit zone based on wave structure predictions. Patience is key.
Chart Insights
This chart follows an Elliot Wave structure, signaling a potential bearish continuation.
The price has tapped into a Fair Value Gap (FVG), offering a strong entry point.
⚠️ Risk Management
Always use proper risk management, setting stop-losses according to your risk tolerance.
Potential pullbacks may occur, especially at major resistance zones.
Time Frame: 1 Hour
⚠️ Not Financial Advice
This trade signal is for informational purposes only and should not be considered as investment advice. Always do your own research (DYOR) and consult with a financial advisor before making investment decisions.
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