$ALPINE "This altcoin is simply sliding down like a slide! The price just surged to 2.2666, but after just a couple of days of happiness, it has seen three consecutive large bearish candles (📉📉📉), directly breaking below the previous short-term high. Now, even the psychological support level of 2.0, which everyone values, can't hold anymore!
Looking at the technical indicators, it feels ominous, completely turning bearish:
The most alarming thing is the trading volume: Today, when the price broke below 2.0, the trading volume suddenly increased, indicating that it is not retail investors panic selling, but rather large funds actively pushing the price down!
Where is the key point now?
Currently, the area around 2.011 has become a resistance zone; let's see if the rebound can push through. If it can't even get past this level, then the downside potential may open up:
Unless the price can strongly break above 2.15, otherwise, I think the bears have just begun their wave! Before that, any rebound should be approached with caution; the bears may not have exhausted their strength yet."
It's better to enjoy together than alone; if you reach out actively, I can pull you to shore!
