This chart shows ALPHA/USDT trading at 0.0820 USDT, with a 24-hour high of 0.0946 and a low of 0.0630. The current price is up by 28.93% for the day, indicating bullish momentum. The short-term MA(7) is at 0.0834, slightly above the current price, while the medium-term MA(25) is at 0.0833, acting as a resistance level.
Long trade entry: Enter around 0.0835 if the price breaks above the short-term MA, with a target of 0.0940 (previous high). Short trade entry: Enter near 0.0810 if the price breaks below, with a target of 0.0730 (support level).
Stop loss levels:
For long: Set stop loss at 0.0805.
For short: Set stop loss at 0.0850.
Momentum indicators suggest consolidation, so tight risk management is advised.
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