#TariffPause
Alright, let's break down the technical analysis based on your screenshot of $ALPACA /USDT (15-minute chart on Binance):
Current Price: $0.1828
24h Change: +136.48% (very strong move!)
24h High: $0.2054
24h Low: $0.0594
Volume: Extremely high — 881M ALPACA traded (shows strong market activity).
Chart Observations:
Big Spike to $0.2054: A huge wick suggests strong buying pressure, but also heavy selling at the top.
Support Zone: Around $0.1463 — the last major low where buyers stepped in.
Resistance Zone: Around $0.1954 - $0.2054 — previous high where price sharply rejected.
Current Behavior:
Small pullbacks but still forming higher lows, which is bullish.
Recent candles show buyers trying to defend the $0.17–$0.18 area.
Indicators (based on visible patterns):
Momentum: Very strong after the breakout.
Trend: Short-term bullish, but signs of volatility (big wicks = caution).
Risk: After +136%, risk of a correction is higher if volume drops.
Key Levels to Watch:
Support: $0.1690 and $0.1460
Resistance: $0.1950 and $0.2050
Breakout Potential: If $0.205 is broken with volume, it could rally further.
Short-Term Strategy:
Bullish above $0.1700
Caution if it falls below $0.1460
Look for consolidation between $0.170–$0.195 before the next big move.