ALPINE is testing a tight range as sellers defend $0.705 and liquidity builds near the $0.663 support zone.
Price action below $0.688 shows fading strength, with a clean OB rejection setup now favoring downside continuation.
If $0.663 breaks, ALPINE could accelerate lower, with sellers eyeing a liquidity sweep and momentum shift beneath key support.
ALPINE has moved into a critical zone near $0.688, where price compression and rejection levels threaten near-term stability. Price structure is weakening beneath key resistance, setting the stage for potential downside if support fails.
Bearish Structure Develops Across Key Liquidity Zones
ALPINE remains locked in a defined range, trading below short-term resistance and near stacked liquidity levels below. Price continues to react sharply within the $0.700–$0.663 zone, while traders monitor volume and confirmation signals.
https://twitter.com/CryptoPatel/status/1936155594425028633
As in the post above, bearish analyst Crypto Patel has provided insights into ALPINE’s downside potential using a clean setup. He identifies a rejection from the advanced order block near $0.708, where the price formed equal highs before stalling. According to Crypto Patel, this resistance zone triggered a structural breakdown, signaling the end of the recent bullish sequence.
This analysis outlines an entry near $0.693 on a possible retrace to the CISD zone, with a target at $0.663. Patel also points out that price has slipped below a consolidation imbalance zone, weakening ALPINE’s structure and inviting lower liquidity sweeps. The Expert believes the area around $0.663, tapped multiple times since June 15, has now become the next critical magnet for sell-side liquidity.
Moreover, the current range compression reflects exhaustion, with ALPINE reacting to each end of the $0.700–$0.680 band. The lack of breakout candles shows indecision, as price tests the patience of traders holding short setups. If selling pressure holds, momentum may shift fully into bearish territory.
ALPINE Faces Risk of Breakdown Below $0.663
This next move depends on whether ALPINE holds above support or dives deeper toward external liquidity. In his detailed analysis, Patel shows how the OB rejection setup aligns with a classic retracement pattern. Notably, the trade’s risk-reward ratio favors shorts, especially as volume stays muted near upper resistance.
ALPINE’s current position near $0.688 keeps it below the $0.705 rejection level, while the chart shows fading momentum. The orange projection curve signals a possible sweep toward $0.663, where traders will assess strength or continuation. The expert believes a close below this level could open the door to further expansion lower.
While buyers still defend the range floor, sellers remain active above. Whether ALPINE rebounds or breaks depends entirely on this liquidity showdown. The next few sessions could determine whether this bearish setup materializes—or if support proves stronger than expected.
