Alpha USDT Analysis

After the recent BTCUSD Bitcoin (BTC) short dump, some altcoins are starting to show strength and are breaking out. We might see a small correction before the altcoin season officially begins.

Chart Analysis for $BINANCE:ALPHAUSDT.P ALPHA/USDT:

Breakout: The chart shows a potential breakout above a downward-sloping trendline.

Correction: The orange line illustrates a potential path, suggesting a small correction or retest of the breakout level before a significant upward move.

Target Price: The potential target for this move is around the $0.01622 level.

Stop-Loss: A stop-loss is placed at $0.01372 to manage risk.