🚨 $ALPHA /USDT Bear Trap? Rejection Signals 🔻 Deeper Drop Incoming!
$ALPHA just printed a classic bull trap above the $0.0187 resistance zone — price spiked up, teased a breakout above the EMA99, then got slammed with heavy selling pressure. That sharp red candle dragged price below all key EMAs (7/25/99), flipping the short-term trend bearish.
Now trading under EMA clusters, the bears are in control and a deeper pullback looks likely if $0.0180 fails to hold.
🔍 Technical Breakdown:
🔺 Resistance Zone: $0.0185 – $0.0187
🔻 Support Levels: $0.0176 – $0.0168
⚠️ Breakdown Trigger: $0.0180
📉 Trend Bias: Bearish below EMA99 ($0.0182)
💣 TRADE SETUP – SHORT BIAS ACTIVE
📌 Entry Zone: $0.0181 – $0.0183
❌ Stop Loss: $0.0187
🎯 Take Profits:
• TP1: $0.0176
• TP2: $0.0170
• TP3: $0.0168
⚖️ Margin: 2–3%
💥 Leverage: 10x
📊 Outlook:
If $0.0180 breaks convincingly, we could see a cascade down toward the $0.0168 liquidity zone. The failed breakout + EMA rejection = bearish combo traders should watch closely.
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