$ALPACA is currently in a bearish market structure with a price of 0.2244 USDT, trading below the support level of 0.2045 USDT.
With an RSI of 35.5, the asset signals potential oversold conditions.
A breakout strategy could be viable if it surpasses the resistance level of 0.544 USDT, while a range-bound play around current levels may also prove prudent.
Investors should remain cautious of Bitcoin's volatility and possible macroeconomic shifts that could further impact ALPACA’s performance.
