$ALPACA Trading Idea: Short Opportunity

Technical Analysis:

$ALPACA is facing bearish pressure post a 638% rally, rejected at $0.31 resistance (supply zone). RSI is deeply oversold on the 4H chart, but the 50-day MA (sloping down) and a break below $0.22 support signal continued downside. Next support lies at $0.18-$0.20.

Fundamental Analysis:

Alpaca Finance, a leveraged yield farming protocol on BNB Chain, faces headwinds from Binance’s delisting announcement (effective May 2, 2025). This has triggered volatility and liquidations, with social sentiment turning bearish. Despite strong fundamentals (fair launch, high trading volume), delisting may curb liquidity and demand short-term.

Trade Setup:

Entry: $0.27-$0.29

Take Profit: $0.22 / $0.20 / $0.18

Stop Loss: $0.31

Leverage: 3x-5x (Medium Risk)

Risk Warning: Crypto trading carries high risk. The delisting news adds volatility. Manage risk carefully and DYOR.