1. Current Price: The price is £0.0857, showing a -15.57% drop in the past 24 hours.
2. Moving Averages:
The 7-day MA is 0.0864, and the 25-day MA is 0.0873. This suggests a bearish trend since the price is below both short-term moving averages.
The 99-day MA is at 0.0985, indicating that the longer-term trend is also bearish.
3. 24-hour Performance:
The price has ranged between £0.0849 (low) and £0.1420 (high).
There is a significant trading volume, with $ALPHA 
at 1.09 billion, while USDT is at 117.61 million.
4. Indicators:
The price reached a local low of £0.0849, which could indicate a support level.
The RSI indicator isn't visible, but if the price has dropped significantly, it's likely moving into oversold territory.
5. Buy/Sell Sentiment:
The order book shows 62.82% buyers and 37.18% sellers, indicating stronger buying interest at this level.
What Next?
If Support Holds at £0.0849: There may be a potential short-term rebound as the price is approaching oversold conditions. If buying pressure continues (as indicated by the current buyer sentiment), it might test resistance around the 7-day MA (£0.0864) or higher.
If the Price Breaks Below £0.0849: A further drop could be expected, and you should look for a lower support level.
Recommendations:
Watch closely for any signs of a reversal or breakdown around the £0.0849 level.
Keep an eye on RSI or other momentum indicators to gauge whether the price is oversold or may continue downward.
If you're thinking of buying, consider waiting for confirmation of a reversal (e.g., price moving above short-term moving averages) or support to solidify.#AlphaCryptos #EarnFromCrypto #ScrollOnBinance #GameFiTokensRally
