$ALPINE explodes 3.3% in just 15 minutes with a massive 90x volume spike — bullish momentum is real, but the weekly trend is still fighting the rally.
My bias is cautiously bullish. The 1H structure remains clean with higher highs and higher lows, Daily structure agrees, and BTC is also trending upward. However, the Weekly trend is still bearish, so this remains a lower-timeframe momentum setup rather than a confirmed higher-timeframe reversal.
The 90x volume expansion signals aggressive participation, potentially driven by short covering or strong buyer accumulation. But RSI is already above 90, meaning the move is heavily extended and a cooling phase or liquidity shakeout could come first.
Price swept the previous 0.367 high and pushed into the 0.404–0.419 resistance area before pulling back. Chasing this spike is risky. I would rather wait for a clean retest and confirmation.
Key levels:
Entry Zone: 0.367–0.359
TP1: 0.395
TP2: 0.404
TP3: 0.419
Deep Demand: 0.353–0.350
Invalidation: Close below 0.350
For a safer entry, watch 0.367–0.359 for rejection wicks, a bullish engulfing/pin bar, and an M1/M5 market-structure reclaim. Sustained buying volume after the pullback would add further confirmation.
If price loses 0.350 on a confirmed close, the bullish setup is invalidated and the structure flips bearish.
Flow: OI $1.6M (+5.7% 24H) | Funding +0.0078% | Taker 0.80x
Overall bias: Cautiously bullish — favor the retest, not the chase. If buyers successfully defend 0.359–0.367, the next liquidity targets are 0.395, 0.404 and potentially 0.419.
Not investment advice. Educational report only.
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