1864

$ALPINE went from $0.274 to $0.381 in two hours. Nobody announced anything.

This is a $4M market cap coin — rank #1864 on CoinGecko, the smallest I've covered in this lane. It just did +40% off its wash-out low on two hourly candles. Here's the tape.

Yesterday it was a zombie. Chop $0.30 to $0.308 all day, then the 20:00 UTC bar flushed it $0.300 to $0.284. Overnight it bled lower and the 00:00 UTC bar printed $0.269 — essentially the all-time low ($0.2686 on CoinGecko). Then five hours of $0.272–$0.285 nothing on $3k–$8k hourly bars. Dead.

06:00 UTC: O $0.284, ripped to $0.308 on $202k — roughly 30–60x a normal hour. 07:00 UTC (forming): opened $0.308, tagged $0.381, and the low of that same bar is $0.303 — it already dumped 20% intraday and recovered, on $684k. That one forming hour is ~60% of today's entire Binance volume.

No catalyst I can verify. No team announcement, no listing, no exploit news. The Mexico GP weekend was five days ago — fan tokens run the race-weekend playbook, but nothing timed this morning. Two-bar blasts on dead fan tokens are pure order-book flow.

The risk framing: -97.2% off the $12.71 ATH, and the 1h RSI is 84 — scorching. These coins routinely give back the whole bar.

Levels: $0.381 is the forming high. $0.314 (the 06:00 high) and $0.308 (its close) are the blast zone — an hourly close back under $0.308 means the bid's already leaving. $0.269 was the wash-out — a closed hour under it and this is a full round-trip.

Not a call, either way. The question for the next hour: does $0.308 hold as a floor, or does the give-back start before the 07:00 bar even closes?