📉 $ALPHA Heading Lower? Weak Momentum Hints at Further Decline 🚨

$ALPHA is showing signs of fatigue, and the chart doesn't look too promising for bulls right now. The token is struggling to break above $0.06, with the price hovering around $0.054. The moving averages (SMA 7, 25, and 99) are all pointing downwards, indicating that the downtrend is still very much in play. Even though the price has stabilized over the last few days, the bears still seem to have the upper hand.

The MACD is barely positive, but with such low momentum, it’s hard to get excited about any immediate rally. In fact, the histogram is shrinking, which suggests that ALPHA might dip further if it can’t gain some traction soon. Trading volume is also low, meaning there’s not much buying interest to spark any significant upward movement.

Without a breakout above $0.06 or a surge in volume, $A$ALPHA uld easily drop back down to $0.05 or even lower. Right now, it feels like a waiting game with the odds favoring the bears. Stay cautious!