🐮ALPHA Bulls Are Back – Short-Term Rally Ahead?🚅
Chart Pattern Analysis – $ALPHA /USDT
🔥 Trend:
The trend is currently bullish in the short term.
Price broke above the previous resistance near 0.0300, now consolidating near 0.0305.
〽️Pattern Forming:
The structure appears to be forming a Bullish Flag or Ascending Channel, which often precedes another leg up.
Minor pullbacks have been followed by strong green candles, showing buying pressure on dips.
🪝RSI (Relative Strength Index):
RSI is near 66, indicating bullish momentum but not overbought yet.
Good spot for continuation if RSI holds below 70 with price climbing.
✅MACD (Moving Average Convergence Divergence):
MACD lines are crossing above the signal line, showing building bullish momentum.
Histogram is turning positive — another sign of upward movement.
💰Volume:
Volume has spiked along with price, a healthy confirmation of strength.
Suggests that current move has support from traders.
⭐Conclusion – Signals:
Bullish structure is intact.
Breakout above 0.0308 could lead to a rally toward 0.0315 – 0.0320 short term.
Ideal buy zone: around 0.0300 – 0.0305, with tight stop loss at 0.0292.