Date: May 19, 2025
Pair: $ALPHA /USDT
Current Price: 0.0334
๐ Key Observations
EMA7 (0.0331) vs. EMA25 (0.0315): Price is above both short- and mid-term EMAs, signaling near-term bullish bias.
24h High: 0.0345 โ the level to confirm momentum continuation.
RSI: 82.07 (overbought) โ ๏ธ โ suggests a pullback or consolidation is possible before any fresh leg up.
MACD: Histogram shrinking, MACD line flattening โ watch for a bullish re-cross for added confirmation.
๐ Trade Strategy
Bullish Scenario (BUY)
Entry: Above 0.0345 (break of 24h high) AND holding above EMA7 (0.0331).
Targets:
0.0345 (take partial profits)
0.0349 (final exit)
Stop-Loss: Below 0.0315 (just under EMA25)
Bearish Scenario (SELL)
Entry: Close below 0.0315 (EMA25) AND break of support at 0.0317.
Targets:
0.0300 (swing low)
0.0284 (next support zone)
Stop-Loss: Above 0.0330
โ๏ธ Risk Management
Risk per Trade: 1โ2% of capital
Position Sizing: Calculate size so that SL distance (e.g. 0.002 on a buy) equals your risk tolerance.
Adjust stops to breakeven once first target is hit.
๐ Conclusion
Market structure favors a push above recent highs, but RSI overbought warns of a shakeout. Lean into the directional move that confirms first โ either a breakout or a breakdown.
Click on Trade Now to execute your plan!
