ALPHA/USDT Bullish Momentum for ALPHA back to upward movement!

💎 ALPHA has recently experienced significant market dynamics, facing rejection at the supply area. There's a potential for the price to undergo a retracement phase, testing the support area that was previously a resistance.

💎 If this retest is successful, with the price bouncing off the support, it could signal an attempt to break through the supply area again. A successful breakout above this level could lead to a significant upward movement towards our target area.

💎 However, if ALPHA fails to bounce off the support and instead breaks down below it, the price may reverse its trajectory and head downwards towards the demand area to establish a new momentum.

💎 The demand area has historically shown strength, often resulting in significant bounces when tested. Therefore, if ALPHA returns to this zone, there's a strong possibility of an upward reversal. Yet, if the demand area is breached, it could signify a more bearish trend for ALPHA, potentially leading to further declines.