The Short Setup: $ALPINE
๐ด Entry Zone: 0.402 โ 0.404
๐ก๏ธ Stop Loss: 0.416
Take Profit Targets:
๐ฏ TP1: 0.393 | ๐ฏ TP2: 0.383 | ๐ฏ TP3: 0.365
Analysis: $ALPINE is currently showing extreme relative weakness, failing to keep pace with the broader 3% market rally. We are seeing a bearish RSI rejection at the 50 level on the 4H chart, and the turnover ratio has dropped to 0.485, indicating a shallow order book. A break below the $0.390 support will likely lead to a retest of the yearly lows as the race-week excitement dissipates.