📌Analysis + Trade
⬅️ Current Price: $2.0883 (±55.00%)
🧐 Analysis on the hourly timeframe (1h)⏱️
🔥 Bullish breakout for ALPINE/USDT with strong buying pressure.
👈 Technical analysis in brief:
After a bullish candle at $2.0883,
the price has made a strong breakout of resistance levels.
The price is above EMA7 ($1.7376)
and EMA25 ($1.5039)
and EMA50 ($1.2722) → Buyers in control.
And RSI6: Overbought at ~ 93.60, which necessitates caution.
🔷 Trade Setup:
✅ ALPINE/USDT (Buy) LONG – priority
🔰 Entry Price on Breakout: $2.1000
🎯 Targets (expected within the coming hours):
1- $2.1100
2- $2.1200
3- $2.1300
4- $2.1400
🛑 Stop Loss: $2.0800
📌 Trader's Advice:
Make sure to close the 1h candle above $2.1000 with high buying volume before entering.
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🔄 For corrective retracements
✅ ALPINE/USDT (Sell) SHORT -
🔰 Entry Price on Support Break: $2.0500
🎯 Targets (short corrections):
1- $2.0400
2- $2.0300
3- $2.0200
4- $2.0100
🛑 Stop Loss: $2.0900
📌 Trader's Advice:
Wait for the 1h candle to close below $2.0500 with clear volume before entering.
✨ “Always make sure to follow news and updates related to the market, as they can impact price movements.”
