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MyCryptoParadise_Simon
Mar 25, 2024 12:42 PM

ALPHA/USDT preparing for bullish move| πŸ‘€πŸš€Alpha Today analysisΒ Long

ALPHA / TetherUSBinance

Description

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πŸ’Ž Paradisers, let's dive into #ALPHAUSDT as it's gearing up for a bullish turn from its support zone, indicating a strong chance for an upward movement.

πŸ’Ž After breaking free from a descending channel, MYX:ALPHA is now in a position to potentially hit the resistance at $0.1697. The decreased volume at this point hints at a likely continuation of the bullish trend from the $0.1525 support zone, where an increase in volume suggests a momentum shift could be underway.

πŸ’Ž However, if #ALPHA price drops below this support zone, it's time to adjust our strategy. We're prepared for a bullish recovery from the deeper support at $0.1460. A failure to rally from this level might lead to further declines. Let's stay vigilant and ready to pivot as necessary.
Comments
electricalTuna22461
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We broke the second support, are we going downhill from here?
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