📊 Stella $ALPHA Day Trading Strategy – May 1, 2025

Stella (ALPHA) is trading at $0.0404, with an intraday high of $0.0443 and a low of $0.0309.

📈 Technical Overview

Support Levels: $0.035, $0.030

Resistance Levels: $0.045, $0.050

Indicators:

Moving Averages: The price is trading near the 50-day EMA, indicating potential consolidation.

MACD: A bullish crossover has been observed, suggesting upward momentum.

RSI (14): Currently at 56.79, indicating neutral to bullish conditions.

📰 Market Insights

Technical Patterns: $ALPHA has broken out of a falling wedge pattern on the daily timeframe, accompanied by a bullish candle and slight volume increase. This breakout appears valid, indicating potential for strong upside momentum.

Price Predictions: Short-term forecasts suggest a modest increase, with projections estimating ALPHA to reach approximately $0.0405 by May 1, 2025.

📉 $ALPHA Intraday Trading Plan

Long Entry: $0.038 – $0.040

Take Profit (TP): $0.045 – $0.050

Stop Loss (SL): $0.035

Short Entry: $0.050 – $0.052

Take Profit (TP): $0.042

Stop Loss (SL): $0.055

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