Shanzhai launch, coins that haven't risen much will also see a rebound, alpha is also a good target, and can be considered a benefit of following the rebound coins, continue to hold and observe in the spot market, $ALPHA

ALPHA current price is 0.0964

The current price is close to the upper band of the Bollinger Bands, indicating that the trend is currently strong, but facing certain pressure. The Bollinger Bands are still quite wide, suggesting high market volatility and the possibility of further trends.

MACD: The DIF line and DEA line have crossed and are gradually approaching the zero axis, with the red momentum bars beginning to weaken, indicating a decrease in bullish strength. If the DIF and DEA show a death cross and extend further downwards, a short-term adjustment may occur.

KDJ Indicator: The K value and D value are close to the midpoint and are starting to turn upwards, indicating that bulls may attempt to rally again in the short term. If the J value rises quickly and breaks through the 80 area, attention should be paid to the potential pullback due to overbought conditions.

The price has rebounded from the bottom and is currently close to the previous high (around 0.0988). If this resistance level is broken, it will continue to rise, with a target possibly near 0.10. If it is blocked and falls back, short-term support is at the middle band of the Bollinger Bands (around 0.090).

Short-term traders: Observe the breakout situation at 0.0988. If the breakout is valid, consider chasing long positions; if blocked, consider shorting at high points.
Conservative traders: Wait for the price to pull back to the middle band of the Bollinger Bands (0.090) before considering long positions.
Stop-loss reference: Set the stop-loss for long positions below 0.0875, and for short positions above 0.1000.
#alpha $ALPHA