The $ALPINE /USDT 15-minute chart is currently displaying a promising setup, with the price trading at $1.631 USDT.
Traders should keep a close watch on the critical levels, as the immediate resistance stands at $1.673 USDT, while strong support is observed at $1.601 USDT. An entry at the current price of $1.631 USDT presents a favorable position if the price continues to hold above support and shows upward momentum.
For this trade, take-profit targets are set strategically to maximize gains while managing risk. The first target, TP1, is positioned at $1.645 USDT, providing an initial level to capture quick gains. TP2 is set slightly higher at $1.660 USDT, while TP3 aligns with the main resistance at $1.673 USDT, marking the upper boundary for this tradeâs potential.
To protect against downside risks, a stop-loss is recommended at $1.599 USDT, below the support level, ensuring a controlled exit if the price retraces.
This strategy capitalizes on the anticipated upward momentum, but itâs essential to remain vigilant as market dynamics can shift rapidly, especially on shorter time frames like the 15-minute chart.
Adjusting the stop-loss as the price approaches TP1 and TP2 can help lock in profits and reduce exposure to sudden reversals.
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