$ALPINE — Pullback After the Spike
#ALPINE has posted a powerful breakout from the $0.31 area, but the sharp move toward $0.43 is now cooling off. Price is pulling back from the highs, giving a potential short setup if the $0.38 area fails to hold.
SHORT ENTRY: $0.3810 – $0.3950
TP1: $0.3700
TP2: $0.3550
TP3: $0.3400
SL: $0.4100
The rejection around $0.42 suggests sellers are active. A clean break below $0.3800 could accelerate the retracement toward the lower targets.
Sell and Trade $ALPINE
#ALPINE has posted a powerful breakout from the $0.31 area, but the sharp move toward $0.43 is now cooling off. Price is pulling back from the highs, giving a potential short setup if the $0.38 area fails to hold.
SHORT ENTRY: $0.3810 – $0.3950
TP1: $0.3700
TP2: $0.3550
TP3: $0.3400
SL: $0.4100
The rejection around $0.42 suggests sellers are active. A clean break below $0.3800 could accelerate the retracement toward the lower targets.
Sell and Trade $ALPINE