$ALPINE / USDT: Is the Recent Surge Sustainable?🫣

Binance Traders, buckle up! $ALPINE / USDT just saw a massive spike, currently trading at $0.880, a staggering 30.18% increase over the last 24 hours. This sudden upward movement has undoubtedly caught the attention of many, especially given its impressive run of over 20% in the last 7, 30, and 90 days.

Looking at the 4-hour chart, we can clearly see a significant green candle, indicating strong buying pressure that pushed the price from the $0.700 range all the way up to a 24-hour high of $1.118 before a slight retracement. The 24-hour trading volume for ALPINE is also notable at 26.19M, suggesting considerable interest.

While the current momentum is exciting, it's crucial to exercise caution. The sudden nature of this pump often leads to profit-taking, and we're already seeing a small red candle forming, indicating some selling pressure at $0.878. Traders should closely monitor the 24-hour low of $0.675 as a potential support level if a deeper correction occurs.

Key things to watch:

* Sustainability of Volume: Can this high trading volume be maintained to support further upward movement?

* Resistance Levels: Where will the price find its next resistance after this surge?

* Overall Market Sentiment: How will the broader crypto market influence ALPINE's trajectory?

Always remember to conduct your own research (DYOR) and manage your risk effectively, especially with volatile assets like $ALPINE . Happy trading!