$ALPHA trading signal đ
Based on the ALPHA/USDT chart:
Current Price: $0.1296, with a 24-hour high of $0.1420 and a low of $0.0774, showing a strong bullish trend.
Moving Averages: The price is above MA(25) ($0.1072) and MA(99) ($0.0881), indicating upward momentum.
Support Level: Strong support is near $0.1215, where a recent pullback occurred.
Resistance Level: Near-term resistance is around $0.1420, the recent peak.
Long Entry: Consider a long position above $0.1310, aiming for a move towards $0.1450.
Short Entry: Enter a short position if the price drops below $0.1200, targeting $0.1100.
Stop Loss: Set a stop loss at $0.1250 for long trades and $0.1350 for shorts.
Given the high momentum, traders should be prepared for rapid price changes.
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