$ALPINE /USDT Slips Below Support — Is $0.86 the Last Line of Defense?
ALPINE has dropped to $0.88 (-5.27%), facing sharp selling pressure after failing to reclaim the $0.94 resistance zone. Volume remains modest, with 1.02M ALPINE traded in 24h.
📊 Technical Snapshot:
MA(7): $0.920 → broken decisively
MA(25): $0.890 → testing from below
MA(99): $0.836 → long-term base support
24h Range: $0.863 (low) to $0.942 (high)
⚠️ Trend Insight:
Price is trapped between falling short-term MAs and the rising MA(99), suggesting indecision. The rejection at $0.94–$1.04 confirms persistent bearish pressure.
📌 Key Levels:
Resistance: $0.90 → $0.94 → $1.04
Support: $0.86 → $0.83 → $0.80
🔍 Outlook:
ALPINE must hold $0.86 to avoid slipping toward $0.83 and potentially $0.80. A bullish reversal would need a breakout above $0.94, reclaiming MA(7) and MA(25). Watch RSI and volume closely for divergence signs.