$ALPHA
The price of Stella (ALPHA) has surged over 60% in the past 24 hours, now reaching 0.096, breaking through the resistance of the descending channel, and facing another resistance level of approximately $0.13.
Stella (ALPHA) is a leveraged strategy protocol that offers 0% borrowing cost and aims to be the preferred destination for DeFi users to maximize their earning potential. If the platform undergoes technological innovations or product upgrades, it may attract more users, driving the price up.
From a technical analysis perspective, the price breaking through the resistance of the descending channel may indicate that selling pressure is weakening, and buyers are starting to control the market, which may lead to further price increases. If Stella's price can break through the resistance level of $0.13, it has the potential to climb close to the upper channel limit of $0.20.
