$ALPINE /USDT TURNING BEARISH AFTER STRONG RALLY – RETRACEMENT AHEAD

Current Price: $0.789

24H Change: +13.53%

TECHNICAL ANALYSIS

$ALPINE surged to a 24h high of $1.118, but heavy selling pressure has pushed the price down to $0.789, showing signs of exhaustion. The rejection from the $1+ area and declining short-term candles suggest a bearish pullback is likely in the near term.

KEY LEVELS

Support:

$0.770 (minor support zone)

$0.691 (strong demand zone & 24h low)

Resistance:

$0.820 (near-term resistance)

$0.900 – $0.940 (key bearish rejection zone)

TRADE SETUP – SHORT POSITION

Entry: $0.800 – $0.820

Take Profits (TP):

TP1: $0.770

TP2: $0.730

TP3: $0.695

Stop Loss (SL): $0.850 (above bearish rejection wick)

RISK MANAGEMENT

Stick to proper risk control (1-2% of capital). Always enter with confirmation (e.g., rejection wick or bearish candle at $0.800+). Maintain risk-reward of 1:2+ for optimal trade outcomes.

Note: Volume drop and price rejection suggest sellers are gaining control – short-term traders should watch closely for breakdown below $0.770.

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