Technical analysis by behdark about Symbol ALPACA on 4/26/2025

Given the sharp and rapid bullish move and a 638% rally without any time correction, along with reaching a supply zone, we expect a price rejection from the red box area toward the green zone.Tokens like this, when they pump this hard and reach major supply zones, often present short opportunities. However, one should not ignore the high funding rate on such tokens, as most traders are in short positions, which significantly raises the funding rate. Therefore, make sure to evaluate all conditions and risks before entering any position.A daily candle close above the invalidation level would invalidate this outlook.For risk management, please don't forget stop loss and capital managementWhen we reach the first target, save some profit and then change the stop to entryComment if you have any questionsThank YouNo 4-hour candle closed above the invalidation level; therefore, the analysis remained valid, and the drop toward the green zone occurred.