$ALPACA Attempts Recovery After Pullback
ALPACA ($ALPACA) is trading at $0.1596, up 37.11% in the last 24 hours. It surged to a high of $0.1860 before pulling back, finding support at $0.1510, showing signs of stabilization.
Key Levels to Watch:
Resistance: $0.1650 ā A break above this could trigger a fresh rally.
Support: $0.1510 ā Holding this level is crucial to avoid deeper downside.
Trade Setup:
Long Above $0.1620
Target 1: $0.1700
Target 2: $0.1800
Stop-loss: $0.1570
Short Below $0.1510
Target 1: $0.1450
Target 2: $0.1380
Stop-loss: $0.1540
Market Insight:
ALPACA is showing early signs of recovery, trading just above the 7-MA ($0.1583) and 99-MA ($0.1521) while facing resistance at the 25-MA ($0.1589). A move above $0.1650 could push prices higher, while losing $0.1510 might lead to further correction. Watch these levels for confirmation
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