📉 $ALPHA USDT: Downtrend Dominance, Shorting Opportunity
ALPHAUSDT is caught in a persistent downtrend, marked by lower highs and lower lows. Despite minor attempts at recovery, the overall market structure remains bearish, with moving averages confirming the strong selling pressure.
Trade Setup: Short opportunity
TP1: 0.0145
TP2: 0.0140
TP3: 0.0135
Stoploss: 0.0150
Market Insight:
ALPHAUSDT is struggling to find significant buying support. The current price action suggests that any upward movements are likely to be corrective within the larger downtrend. Short positions are favored, with careful attention to risk management around potential resistance levels.
Buy or trade $ALPHA here👇🏻