๐ป $ALPHA
โ Alpha Venture DAO
DUMPING AFTER SPIKE โ VOLUME RETREATING โ BEARISH UNDER PRESSURE
$ALPHA has lost over 7.6% today and is now hovering around $0.01198, barely above its 24h low of $0.01161, following a rejection from the $0.01470 resistance zone. Volume is heavy, but fading off MAs โ a sign of exhausted momentum.
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๐ Key Technical Levels:
Immediate Resistance: $0.01228 โ $0.01315 โ $0.01403
Support Zone: $0.01140 โ $0.01073
Mark Price: $0.01199
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๐ Short Continuation Setup:
Entry Zone: $0.0120 โ $0.0122 (dead cat bounce rejection zone)
TP1: $0.0114
TP2: $0.0107
SL: $0.0125
๐ Reversal Long Setup (Low Speculative):
Only on clean reclaim + consolidation above $0.0125
TP1: $0.0131
TP2: $0.0140
SL: $0.0113
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๐ Volume Profile:
Vol: 52.76M
MA(5): 65.85M
MA(10): 123.81M
โก๏ธ Volume declining, confirming trend exhaustion.
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๐ Market Context:
8.52B ALPHA traded, yet price tanked
USDT Vol: $111.40M = heavy traders unloading
Likely liquidity exit near local top ($0.0147)
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๐ง Summary:
$ALPHA looks weak โ large volume spike followed by declining interest. A small bounce could offer a solid short entry. Bullish only above $0.0125 with volume surge.
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๐ฌ Reply with "SHORT RIP ๐ป", "WAIT + WATCH ๐๏ธ", or "LONG ONLY IF RECLAIM ๐"
#ALPHA๐ฅ #AlphaAI #SaylorBTCPurchase #MuskAmericaParty #Write2Earn