🚨 $ALPACA Day Trading Strategy – April 30, 2025

Alpaca Finance (ALPACA) has experienced a remarkable surge of over 600% today, reaching a price of $1.17. This dramatic increase is attributed to a combination of factors, including speculative trading, a short squeeze, and low liquidity dynamics.


📊 Technical Overview:

Support Levels: $0.85, $0.70

Resistance Levels: $1.25, $1.40

Indicators:

MACD: Bullish crossover indicating upward momentum.

RSI: Currently at 85, suggesting overbought conditions.

Moving Averages: Price significantly above the 50-day EMA, indicating strong bullish trend.​

📈 $ALPACA Intraday Trading Plan:

Long Entry: $1.00 – $1.05

Take Profit (TP): $1.25 – $1.30

Stop Loss (SL): $0.95

Short Entry: $1.30 – $1.35

Take Profit (TP): $1.10

Stop Loss (SL): $1.40

📰 Market Insights:

Binance Delisting: Binance has announced the delisting of ALPACA on May 2, 2025, which may lead to increased volatility and potential sell-offs.

Speculative Surge: The recent price spike is largely driven by speculative trading and a short squeeze, rather than fundamental developments.

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