ALPLNE is experiencing a phenomenon of low-price chips wanting to transfer to high prices, indicating that the main funds are distributing shares. This upward movement of chips often signals an increase in subsequent selling pressure, necessitating caution against potential price decline risks.
Although a bullish candlestick pattern has emerged, the continuous shrinkage in trading volume shows insufficient market follow-through willingness. The rebound within the 2.142-2.26 range is weak, with significant difficulty in breaking through.
Pay attention to the resistance level at 2.26; if faced with resistance, consider going short.
If it falls below the support level at 2.142, you can follow the trend.
The current market lacks directional guidance; it is advisable to control position sizes.
