๐ $ALPACA /USDT - Can the Bulls Turn the Tide? ๐
๐ Current Price: $0.1496 (-7.31%)
๐ฅ Key Levels:
Support: $0.1456 - $0.1470 (Crucial demand zone)
Resistance: $0.1550 - $0.1600 (Needs a breakout confirmation)
๐ Long Setup (Bullish Trade):
โ
Entry: $0.1480 - $0.1500 (On a higher low formation)
๐ฏ Take Profit Targets:
TP1: $0.1550
TP2: $0.1600
TP3: $0.1650
๐ป Stop Loss: Below $0.1450
๐ Short Setup (Bearish Trade):
โ
Entry: $0.1540 - $0.1560 (If rejection at resistance)
๐ฏ Take Profit Targets:
TP1: $0.1500
TP2: $0.1470
TP3: $0.1440
๐ป Stop Loss: Above $0.1580
๐ Market Insight: ALPACA is currently in a downtrend but has started to show early signs of reversal from its support level. A strong break above $0.1550 could shift momentum in favor of bulls, while failure to break might signal more downside.
๐ก Pro Tip: Look for increased volume and bullish candlestick formations before entering a long position. A breakout with momentum could bring solid gains! ๐๐ฅ
$ALPACA
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