$ALPHA

/USDT: Watching for Reversal Opportunities After a Pullback📈📊🔥

Current Price: $0.1008

24h Change: -5.88%

24h Range: $0.0995 - $0.1114

24h Volume: 28.21M ALPHA / 2.98M USDT

Technical Snapshot 📊

1. Trend:

Bearish with a -5.88% decline, indicating a correction after recent highs.

Price is testing near $0.1000, a key psychological level, potentially setting up for a reversal.

2. Key Support:

$0.0995 (recent low, critical support)

$0.0950 (stronger support zone)

3. Key Resistance:

$0.1040 (immediate resistance)

$0.1114 (recent high, a key resistance level)

4. Indicators:

RSI: 41 (Neutral to slightly oversold, indicating potential for a bounce)

MACD: Bearish crossover, indicating continued pressure to the downside unless a reversal occurs.

Volume: Low trading volume, suggesting indecision or consolidation before the next move.

Trade Strategy 🎯

Entry Zone: $0.1000 - $0.1010 (Look for signs of support or stabilization at key levels)

Stop-Loss: $0.0950 (Protect against further downside)

Target Levels 🚀

1. 🎯 Target 1: $0.1040 – Immediate resistance

2. 🎯 Target 2: $0.1075 – Next resistance zone

3. 🎯 Target 3: $0.1114 – Extended target for a full recovery

Trade Tip:

If ALPHA holds above $0.0995 and shows bullish price action, consider entering near support. A break above $0.1040 could confirm the reversal and signal further upside potential.

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