🚀 $ALPHA /USDT: BEARISH PRESSURE, WATCH FOR A POTENTIAL BREAKDOWN ⚠️
Current Price: $0.0867 (+4.58%)
24H High: $0.0914 | 24H Low: $0.0829
🔑 Key Levels to Watch
📉 Support Levels:
• $0.0850 (Immediate support)
• $0.0829 (Recent low, strong support zone)
📈 Resistance Levels:
• $0.0870 (Immediate resistance)
• $0.0900 (Key resistance for upward movement)
🎯 Trade Setup
📉 SHORT ENTRY: Below $0.0850
• TP1: $0.0829
• TP2: $0.0800
• SL: Above $0.0870
📈 LONG ENTRY: Above $0.0870
• TP1: $0.0900
• TP2: $0.0914
• SL: Below $0.0850
📊 Trend Analysis
The $ALPHA/USDT pair is currently facing bearish pressure. A break below $0.0850 could lead to a further decline toward $0.0829 and potentially $0.0800. However, a break above $0.0870 could bring a short-term bullish trend targeting $0.0900 and $0.0914.
⚠️ Risk Management
🔒 Use tight stop losses and risk only 1-2% of your capital per trade. Always adjust your Stop Loss based on your entry point to minimize losses while maximizing potential gains.
💥 Watch for a breakout or breakdown in the $ALPHA/USDT pair! 📉📈