$ALPHA
/USDT Technical Analysis: Current Price Action & Target Levels šÆ
The ALPHA/USDT pair has been showing a solid upward trend, with the current price sitting at $0.0811, reflecting an impressive +8.28% increase over the past 24 hours. Let's dive into the key technical levels and set our sights on potential targets.
Key Levels to Watch:
1. Target 1: $0.0820
The price has recently tested the $0.0820 resistance level. A sustained break above this level could signal further upside movement and a potential retest of higher resistance zones.
2. Target 2: $0.0840
If the bullish momentum continues, $0.0840 could be the next key resistance to watch. This level has acted as a ceiling recently, and a successful breakout could signal a strong continuation of the uptrend.
3. Target 3: $0.0780
On the downside, $0.0780 acts as the first key support level. A pullback to this level could provide a potential entry point for buyers if the price tests this support before continuing its rise.
Market Outlook: The overall trend remains bullish, but traders should monitor key support and resistance levels closely. A breakout above $0.0840 could open up further upside potential, while a dip toward $0.0780 may offer a buying opportunity for those looking to enter at a more favorable price.