$ALPHA /USDT – BEARISH BREAKDOWN IN PLAY 🚨📉
📊 Technical Analysis (4H Chart)
$ALPHA has taken a sharp hit, dropping -10.74% to $0.0108, and is currently hovering just above critical support. Price rejected hard from the $0.0124–$0.0128 resistance zone, confirming a bearish structure. Weak momentum and increased selling pressure are pointing toward further downside.
🔍 Key Levels to Watch:
Resistance Zones:
$0.0128 – Major resistance (recent top)
$0.0120 – Lower high zone
$0.0116 – Minor intraday resistance
Support Zones:
$0.0106 – Immediate support
$0.0104 – Breakdown level
$0.0100 – Psychological & key support
💡 Trade Setup – SHORT Entry
Entry: $0.0108 – $0.0110
Stop Loss (SL): $0.0116 (above minor resistance)
Take Profit (TP):
TP1: $0.0104
TP2: $0.0100
TP3: $0.0095 (if bearish volume continues)
⚠️ Risk Management:
Use tight SL and risk only 1-2% of your trading capital. Avoid FOMO. Respect the trend. 📉 Capital preservation is key in downtrends!
🔥Bear pressure is strong — trade smart, trade safe!
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