$ALPINE is breaking down aggressively—and the bears are just getting started! 🐻
Do not try to catch this falling knife. Here is my exact Short setup to ride the dump safely. 👇
🔴 Short Setup
📌 Entry → $0.2970
🎯 TP1 → $0.2850 (+4.0%)
🎯 TP2 → $0.2800 (+5.7%)
✅ Final Target → $0.2700 (+9.1%)
⛔ SL → $0.3100 (-4.4%)
🙇 Plan: Once TP1 hits, stop loss moves straight to entry — no exceptions. The rest of the position runs with zero risk.
💪 Why I'm taking this: The chart shows a clear lower high formation on the 30m timeframe. The MACD is printing increasing red bars, confirming strong bearish momentum. The RSI is sitting at 37.87, meaning there is still plenty of room to drop before hitting extreme oversold levels. With the order book showing slight ask-side pressure, the path of least resistance is clearly down.
⚠️ One thing to respect: High-volatility asset. If it breaks and closes above $0.3100, the bears are dead. Size your position carefully and always respect the stop loss.
$ALPINE #CryptoTrading #TradeSetup
Do not try to catch this falling knife. Here is my exact Short setup to ride the dump safely. 👇
🔴 Short Setup
📌 Entry → $0.2970
🎯 TP1 → $0.2850 (+4.0%)
🎯 TP2 → $0.2800 (+5.7%)
✅ Final Target → $0.2700 (+9.1%)
⛔ SL → $0.3100 (-4.4%)
🙇 Plan: Once TP1 hits, stop loss moves straight to entry — no exceptions. The rest of the position runs with zero risk.
💪 Why I'm taking this: The chart shows a clear lower high formation on the 30m timeframe. The MACD is printing increasing red bars, confirming strong bearish momentum. The RSI is sitting at 37.87, meaning there is still plenty of room to drop before hitting extreme oversold levels. With the order book showing slight ask-side pressure, the path of least resistance is clearly down.
⚠️ One thing to respect: High-volatility asset. If it breaks and closes above $0.3100, the bears are dead. Size your position carefully and always respect the stop loss.
$ALPINE #CryptoTrading #TradeSetup
