#ALPHA/USDT : DESCENDING TRIANGLE SHOWDOWN
The ALPHA/USDT pair is poised for a pivotal moment on the weekly timeframe, as it hurtles towards a descending triangle pattern. This technical setup is ripe for a breakout, and the market is holding its breath.
Here's the play-by-play:
1. Breakout: A decisive breach of the triangle's lower boundary could trigger a sharp downward movement.
2. Retest: As the price revisits the broken support level, traders will be watching closely for signs of weakness or strength.
3. Go: A successful retest could be the catalyst for a significant price movement, potentially leading to a new trend.
Will ALPHA/USDT break free from the triangle's grasp, or will it retest and reverse? The market awaits with bated breath.
