Description
⋅ Evening traders,
Today’s analysis- APLHAUSDT- trading at a key technical range where accumulation is probable,
- Price Action Range
- Key Swing Low
- Resistance Objective
- Oscillators Neutral
ALPHAUSDT’s immediate price action has an accumulation phase, allowing for a bullish bias.
The structural resistance is current objective, exceeding this level increases the probability of testing the all time high.
Both oscillators are neutral, maintaining their bullish control zones is indicative of strength.
Overall, in my opinion, ALPHUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“In trading, everything works sometimes and nothing works always.”