๐ช Currency / Symbol: ALPINE ๐ $ALPINE
๐ผ Immediate Recommendation: SPOT Trading ๐น
๐๐ป Entry Zone: 0.7800 โ 0.7900
๐น The price is regaining its positive momentum after a corrective decline, with strong support at the level of 0.7450 and an increase in trading volume indicating a strong return of buyers.
๐ธ Targets (Take Profit) ๐ฐ
๐ฃ First Target: 0.8150
๐น Breaking this level will confirm the start of the first upward wave.
๐ช Second Target: 0.8480
๐น A crucial resistance area; surpassing it opens the door for a strong impulsive wave.
๐ Third Target: 0.8900
๐น The highest target within the expected path if buying momentum remains above 0.845.
โโโ ๐จ โโโโ
๐ก Stop Loss: 0.7420
๐น Breaking this level invalidates the bullish pattern and indicates the possibility of re-testing lower supports.
Currency Analysis ๐
The ALPINE currency shows a positive crossover on the MACD indicator with a noticeable increase in trading volume, indicating buyer control and the market's readiness to break resistance at 0.8485 towards higher targets. Maintaining trading above 0.7450 keeps the bullish trend valid in the short term.
๐ก Capital Management Advice:
It is advisable not to exceed 10% of capital in this trade, with entry positions divided to balance risks.
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โ๐ป ๐๐ป. ๐๐ฑ๐ช๐ผ๐ผ๐ช๐ท ๐ Dr. Ghassan
#Binance #Write2Earn #MarketPullback #BinanceHODLerMMT #FOMCMeeting
