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Summary
• Price fell 7.4% from 0.613 to 0.579 amid a bearish 24-hour trend.
• Key support held at 0.573–0.575 with a potential test of 0.569 next.
• Volume surged near 0.590–0.585 range but failed to confirm a rebound.
• RSI suggests oversold conditions while MACD signals weak bearish momentum.
• Bollinger Bands show price at the lower band, hinting at low volatility.
Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.613, reached a high of 0.613, and closed at 0.579 after hitting a low of 0.573. Total volume was 1,494,188.85, with turnover amounting to 783.31. A bearish bias persists, with key support at 0.573–0.575 and a possible test of 0.569 ahead.

The MACD line remains in negative territory with a weak bearish crossover, indicating fading momentum. RSI has dropped to 29, signaling oversold conditions, though a rebound may struggle without stronger volume. This suggests a cautious stance, with a watch for potential short-covering or a false recovery attempt.
On the 5-minute chart, price is near the 61.8% retracement level of the prior bullish swing, suggesting a strong potential reversal point. On the daily chart, the 38.2% retracement is at 0.586, and the 50% level is at 0.589—key levels to watch if a short-term rebound is attempted.
Price may continue to test support at 0.573–0.575 in the next 24 hours, with a risk of further downside toward 0.569. A rebound could gather momentum if volume rises alongside a close above 0.580. Investors should remain cautious and watch for a confirmed reversal pattern before committing capital.
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