Unleash the Potential: $ALPINE Soars to New Heights
Price Action and Levels:
Entry Point: Marked at 2.130 - 2.125, indicating the price level to enter a long position.
DCA (Dollar-Cost Averaging): Set at 2.192, suggesting an additional buy level if the price dips.
Stop Loss (SL): Placed at 2.251, which is above the recent high, indicating a risk management level to exit if the trade goes against you.
Take Profit (TP) Levels:
TP1: 0.786 (2.044), a potential profit target.
TP2: 0.618 (1.973), another profit target.
TP3: 0.5 (1.922), a mid-range target.
TP4: 0 (1.710), the final target with the lowest Fibonacci retracement level.
Technical Analysis:
The chart shows a recent upward move with a strong green candlestick at the entry level (2.130 - 2.125), followed by a pullback.
The price appears to be testing support around the entry zone, with potential for further upside if it holds.
RSI (Relative Strength Index):
The RSI at the bottom shows the momentum. It has recently risen sharply, moving from below 40 to around 81.55
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