ALPHA Heating Up! Watch Out for the Breakout 🚀
💎 ALPHA has recently broken out of a resistive trendline and is approaching the neckline of an inverse head and shoulders pattern, suggesting a higher likelihood of a bullish move.
💎If ALPHAUSDT breaks above the neckline, we can anticipate bullish targets up to the next resistance area. In the event of a pullback, we may expect a bounce from the Bullish OB; however, confirmation via a bullish candlestick pattern is necessary.
💎However, if the price breaks below the Bullish OB level, it would be prudent to withhold action and await better price action. I will provide updates in such a scenario.
💎If ALPHAUSDT breaks above the neckline, we can anticipate bullish targets up to the next resistance area. In the event of a pullback, we may expect a bounce from the Bullish OB; however, confirmation via a bullish candlestick pattern is necessary.
💎However, if the price breaks below the Bullish OB level, it would be prudent to withhold action and await better price action. I will provide updates in such a scenario.
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