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$ALPHA /USDT BEARISH SETUP – POTENTIAL BREAKDOWN UNDERWAY
🔻 Current Price: $0.0142 (-4.05%)
📉 24h High: $0.0157
📉 24h Low: $0.0139
📊 Volume (24h): 241.54M ALPHA / 3.55M USDT
🔍 Technical Outlook:
ALPHA is showing signs of continued weakness after failing to reclaim the key resistance zone near $0.0157. With lower highs forming on the shorter timeframes and price struggling around $0.0142, bearish pressure is building.
📌 Key Levels to Watch:
Resistance Zone:
🔼 $0.0150 – $0.0157 (Recent rejection area)
Support Levels:
🔽 $0.0140 – psychological + local support
🔽 $0.0135 – if broken, could open up further downside
🔽 $0.0128 – next demand zone and potential bounce level
💼 Trade Setup (Short Position):
Entry: $0.0141 – $0.0143
Stop Loss (SL): $0.0152 (above resistance zone)
Take Profit (TP):
🎯 TP1: $0.0135
🎯 TP2: $0.0128
🎯 TP3: $0.0120 (if breakdown gains momentum)
⚠️ Risk Management:
Use 1-2% of your capital for this trade setup. Always set a hard stop-loss and avoid overleveraging in such tight-range bearish conditions.
💬 *Watch price action around $0.0140 — a break below with volume could trigger a swift move to the downside. Patience and
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