đš $ALPHA /USDT ON A PARABOLIC RUN â MASSIVE VOLATILITY AHEAD! đš
$ALPHA /USDT is exploding upwards with a stunning +37.68% gain, currently trading at 0.0844 USDT. This rapid surge has broken multiple resistance levels, and traders should prepare for further volatility, whether itâs a continued breakout or a sharp retracement.
đĄ Key Levels to Watch:
Support: 0.0765 USDT â This is a critical area for bulls to defend. A break below could trigger a correction to 0.0672 USDT.
Resistance: 0.0846 USDT â If this level breaks with volume, the price could aim for the next psychological level at 0.0900 USDT or even higher.
đŻ Trade Strategy:
Long Entry: A break and hold above 0.0846 USDT offers a good long opportunity targeting 0.0900 USDT. Set a stop-loss just below 0.0800 USDT to safeguard your position.
Short Entry: If the price struggles to break above 0.0846 USDT and shows signs of exhaustion, consider shorting with a target of 0.0765 USDT, placing a stop-loss above 0.0850 USDT.
đ Technical Insight: The explosive move from 0.0591 USDT shows strong buyer interest. However, the rapid rise increases the risk of a pullback. Traders should closely monitor the 0.0846 USDT resistance for a potential continuation or failure. Keep an eye on volume as it will signal the strength of the next move!
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