Woah, check out $ALPINE on the 1-hour chart!
Been pretty flat for a while there, chilling under $0.70 for most of July. Then boom, early on the 7th, we got a massive spike up, testing that $1.10 mark. Huge volume candle on that initial pump, too – definitely caught some attention.
After that big move, it's been consolidating, kinda bouncing between $0.80 and $1.00. We saw a nice push back up towards $1.00 today but then a quick rejection. Looks like $0.80 is acting as some pretty strong support for now.
If it can hold that $0.80 level, we might see another run at $1.00, maybe even break above it if the volume comes in. But if that $0.80 breaks, could see it retrace further back down.
Gotta keep an eye on that volume. What do you guys think?