$ALPHA Trade Signal: Sell (Short-term)

Entry Point: Around 0.3051 (current price).

Take Profit: 0.2616 (recent support level).

Stop Loss: 0.3444 (slightly above the 24-hour high of 0.3366).

Rationale:

Market Sentiment: The sharp 17.26% price spike indicates strong bullish momentum, but overbought conditions are evident. The Stochastic Oscillator (K: 84.4215, D: 83.4896) and RSI (89.5373, 83.6716) are in overbought territory (above 80 and 70, respectively), suggesting a potential reversal or pullback. The rising OBV (66.381M) confirms buying pressure, but the extreme indicators point to a correction.

Technical Analysis: The price has hit a resistance zone near 0.3051–0.3444 after a steep rally. A pullback to the support level of 0.2616 is likely in the short term. The MACD (0.0090) is still bullish, but the overextended indicators take precedence for a short-term trade.

Sentiment Consideration: The broader crypto market often sees profit-taking after such rapid gains, especially in altcoins like ALPHA, which can be volatile. Social sentiment (if checked) might show hype, but technicals suggest caution.Risk Note: This is a short-term trade due to the overbought conditions. If the price breaks above 0.3444 with strong volume, the bullish trend may continue, so monitor closely and adjust your stop loss accordingly. Always manage risk and trade responsibly!