$ALPHA /USDT: EXPLOSIVE POTENTIAL IN A TIGHT CHANNEL! 🚨

The ALPHA/USDT chart on the 15-minute timeframe is showing signs of a strong upward channel formation, with clear support and resistance levels that are key for upcoming trades.

Support & Resistance Levels

🔸 Key Resistance: 0.0900 USDT – This level is crucial for a breakout confirmation. If ALPHA breaks and holds above this, expect a significant surge towards 0.0946 USDT.

🔸 Strong Support: 0.0800 USDT – The price has bounced off this level multiple times, signaling strong buying interest. Losing this level could trigger a drop toward 0.0750 USDT.

Entry Strategy

🔷 Long Entry: Above 0.0855 USDT – A break above this with volume could push ALPHA higher towards the resistance at 0.0900 USDT.

🛑 Stop Loss (Long): Set at 0.0800 USDT to protect against sudden downturns.

🔷 Short Entry: If price rejects 0.0900 USDT, enter short targeting the 0.0800 USDT support.

🛑 Stop Loss (Short): Place around 0.0920 USDT to avoid fakeouts.

Momentum Check:

ALPHA is currently up 34% today, which shows strong buying momentum. Be prepared for potential volatility as traders watch the upcoming key levels!

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