Alpaca Finance (ALPACA) has exploded, jumping from $0.04 to nearly $0.50, with a brief spike to $1.28—a 1,093% gain in just one week. 📈
But after peaking at $254M in trading volume, activity has cooled, and RSI now sits in overbought territory (72.28).
📉 Rejection at $1.00 and signs of seller pressure hint at a potential pullback.
⚠️ Volume-to-market cap ratio of 342% and extended prices beyond Bollinger Bands suggest instability.
Key levels to watch:
🔒 Resistance: $0.60
🛡️ Support: $0.40
Conclusion:
ALPACA's pump has drawn attention, but signs point to a correction ahead unless momentum returns.