Long $ALPACA Trading Plan

Timeframe: 1H (Short-term strategy)

Hashtags: #NTC #NTCcapital

๐Ÿ”น Entry Zone (Buy-in):

Option 1 (Pullback entry): Wait for a retracement to the support zone around $0.80 โ€“ $0.90.

Option 2 (Breakout entry): If price holds above $1.00 โ€“ $1.05, consider entering on confirmation of support.

๐Ÿ”น Stop-Loss (Risk Management):

Place SL below key support or recent swing low โ€” around $0.75.

๐Ÿ”น Take-Profit Targets:

TP1: $1.20

TP2: $1.35 (recent top)

TP3: Open target โ€” trail stop if breakout continues above $1.35.

๐Ÿ”น Risk Management:

Use 2-5% of total capital for this trade.

Consider scaling in with partial orders across the entry zone.

๐Ÿ”น Technical Confirmation:

Watch RSI: if extremely overbought (>80), be cautious.

Confirm with high and sustained volume to support the uptrend.

Note: ALPACA just experienced a parabolic move โ€” expect volatility and manage your position carefully.