đ $ALPHA /USDT: BEARISH PRESSURE, WATCH FOR A POTENTIAL BREAKDOWN â ď¸
Current Price: $0.0867 (+4.58%)
24H High: $0.0914 | 24H Low: $0.0829
đ Key Levels to Watch
đ Support Levels:
⢠$0.0850 (Immediate support)
⢠$0.0829 (Recent low, strong support zone)
đ Resistance Levels:
⢠$0.0870 (Immediate resistance)
⢠$0.0900 (Key resistance for upward movement)
đŻ Trade Setup
đ SHORT ENTRY: Below $0.0850
⢠TP1: $0.0829
⢠TP2: $0.0800
⢠SL: Above $0.0870
đ LONG ENTRY: Above $0.0870
⢠TP1: $0.0900
⢠TP2: $0.0914
⢠SL: Below $0.0850
đ Trend Analysis
The $ALPHA/USDT pair is currently facing bearish pressure. A break below $0.0850 could lead to a further decline toward $0.0829 and potentially $0.0800. However, a break above $0.0870 could bring a short-term bullish trend targeting $0.0900 and $0.0914.
â ď¸ Risk Management
đ Use tight stop losses and risk only 1-2% of your capital per trade. Always adjust your Stop Loss based on your entry point to minimize losses while maximizing potential gains.
đĽ Watch for a breakout or breakdown in the $ALPHA/USDT pair! đđ