Technical analysis by Houseofcryptokings about Symbol ALPHA: Buy recommendation (6/29/2024)

Alpha is currently showing a strong support level at $0.07250. This presents a significant opportunity for potential gains. If the support at $0.07260 breaks, the next strong support lies at $0.06735, where we expect a bounce. With the alt season approaching, it's crucial to monitor these levels closely.Historical data suggests that AlphaUSD could reach a minimum target of $5.62 during the next bull run. If this resistance is flipped by January or February 2025, we might see the price surge to a maximum target of $8.72. The previous bull run in January 2021 showed unexpected volatility.It's essential to keep the trade active while observing the resistance zones. Remember, we should exit the market around March or October 2025 as the alt season is likely to end during this period.For more analysis like this, follow us on TradingView to stay updated with our latest trading ideas and insights.