$ALPINE /USDT Current Price: $1.47-STRONG BREAKOUT
24h Change: +11.36%
24h High: $1.56
24h Low: $1.27
24h Volume: Approximately $32.32 million
Technical Analysis:
Trend: Strong bullish momentum observed, with technical indicators signaling a "Strong Buy" .
Resistance Levels: Key resistance at $1.56, with potential to test higher levels if momentum persists.
Support Levels: Immediate support around $1.45, with further support at $1.40.
Trade Setup:
Entry Zone: $1.40 – $1.45
Target 1: $1.56
Target 2: $1.65
Target 3: $1.75
Stop Loss: Below $1.35
Risk Management:
Limit risk to 2% of your capital.
Move stop loss to entry once Target 1 is hit, and lock partial profits on the way up.
Market Sentiment:
The recent surge in ALPINE's price indicates strong buying interest and a shift in market sentiment towards bullishness. However, it's essential to monitor for any signs of reversal or consolidation.
Conclusion:
ALPINE has demonstrated impressive gains, supported by robust technical indicators and increasing trading volume. Traders should remain vigilant, adhering to the outlined trade setup and risk management strategies.