$ALPACA /USDT Trading Signal - Testing Support Zone

Current Price: $0.1631

24H Range: $0.1620 - $0.1863

Analysis:

ALPACA has dropped by 11.60% over the past 24 hours, hitting a low of $0.1620. EMA(7) at $0.1642 and EMA(25) at $0.1713 highlight ongoing bearish pressure. Support near $0.1610 is critical, and a potential bounce could be on the horizon if buyers step in.

Potential Setup:

Entry Zone: $0.1610 - $0.1640

Targets:

Target 1: $0.1670

Target 2: $0.1720

Target 3: $0.1780

Stop Loss: $0.1580

Observation:

The price is approaching an oversold region, with $0.1610 acting as a key support level. A move above EMA(7) at $0.1642 would suggest a possible recovery. Failure to hold $0.1610 may lead to further declines.

Actionable Advice:

Wait for a confirmation bounce above $0.1620 before entering.

Take profits incrementally at each target and trail stop-loss levels to secure gains.

#CryptoTrading #ALPACAUSDT #MicroStrategyAcquiresBTC #TrumpBTCBoomOrBust