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📊 ALPH/USDT Fibonacci Retracement Analysis (4H & 1D Overview)
Using Fibonacci retracement levels, we can identify potential pullback and profit-taking zones for ALPH/USDT:
🔹 On the 4-hour chart, price may retrace toward:
61.8% level: $0.138
78.6% level: $0.1341
These levels could serve as short-term support zones where buyers may look to re-enter.
🔹 On the daily chart, retracement levels are showing possible reactions around:
61.8% level: $0.253
78.6% level: $0.31
These mark potential areas for traders to watch for reversal patterns or take-profit opportunities.
💡 Trading Insight:
Traders should closely monitor how price behaves around these Fibonacci levels, as they often align with key reversal or continuation zones in market structure.
#Gateio ALPH #Alephium Fibonacci #CryptoTrading TechnicalAnalysis