$ALPACA shows a strong recovery in the last 24 hours, backed by high trading volume and upward momentum. However, the MACD indicates a cautious sentiment as momentum slows down. Watch for a breakout above $0.1200 to confirm further bullish continuation, or a drop below $0.1100 for a potential bearish pullback.
The price recently tested a high of $0.1328 but faced resistance and pulled back to $0.1156.
Support level around $0.1057, as shown by the lower wick in recent candles.
The current price remains above the MA(99), reflecting bullish strength on a longer time frame.
Support and Resistance Levels:
Resistance:
Immediate: $0.1200.
Major: $0.1328.
Support:
Immediate: $0.1100.
Major: $0.1057.