$ALPINE The daily trend continues to show a clear upward trend, with a 24-hour increase exceeding 18%. The current price of 2.1204 remains above all moving averages. The moving average system presents a perfect bullish arrangement (MA5>MA10>MA20>MA120), forming layers of support from short-term to long-term. The MACD golden cross continues to expand, with the histogram showing significant upward momentum, combined with notable volume during the breakthrough of the critical resistance at 1.9-2.0 (24H trading volume 3843 million), confirming the strength of the trend. Although the RSI6 has soared to an extreme overbought zone of 90.99, the KDJ indicator J value of 96.98 has not yet shown any signs of turning, indicating that short-term momentum has not yet exhausted.
Technical aspect: overbought game in a strong trend
On the 1-hour chart, the price runs closely along the upper band (2.1412), with %B value at 0.96 indicating it is still in a strong zone; this kind of 'price rises and volume increases' pattern usually means the trend inertia remains. It is worth noting that short-term overbought is not an immediate reversal signal—referencing historical trends, when moving averages are in a bullish arrangement and volume continues, overbought conditions may be corrected through 'sideways digestion' rather than deep adjustments. Currently, MA5 (2.0672) is rapidly moving up, and if it pulls back to the 2.05-2.08 range, it coincidentally forms resonance support with the short-term moving average, making it a high-quality opportunity for a second entry.
Capital situation: hidden accumulation signals in divergence
Short-term capital flows show some divergence: 24H contracts and spot funds are synchronously flowing out (totaling over 6.68 million USDT), reflecting that some funds choose to take profits after an 18% increase; however, 6H-12H funds have turned to net inflow, suggesting that medium- to long-term funds are taking the opportunity to layout. This 'short-term exit + medium-term entry' rhythm is often a typical characteristic before trend continuation—if the pullback can hold the 2.0231 support level, it is more likely to attract new longs to enter, pushing the price to challenge higher resistance levels.
Trading strategy: strengthen the rising foundation by leveraging pullbacks
Aggressive buy attempt: current price 2.1204, light position entry, stop loss at 2.0231 (below support level, -4.6%), first target looking at 2.1798 (R1).
Robust layout: wait for a pullback to the 2.05-2.08 range (near MA5) to gradually build positions, with stop loss simultaneously adjusted to 2.0231, and target looking at 2.1798/2.2327; after breaking through, it can be seen at 2.3365.
If the price directly breaks through 2.1798 and the volume expands, the pullback waiting can be canceled, and positions can be increased in the trend; conversely, if it falls below 2.0231, it is necessary to decisively exit to avoid the risk of trend weakening.
Click $ALPINE Label tracking real-time volume changes, let's chat in the comments about whether you think this upward momentum can break the 2.3 resistance? High-interaction content is more likely to be recommended by the plaza!
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