Alpine F1 Team Fan Token (ALPINE)

On the above weekly chart price has corrected over 80% since 2022. A number of reasons now exist to be long. They include:

1) Price action and RSI resistance breakouts.

2) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period.

3) Price action confirms support on past resistance.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: 6%
Timeframe for long: now
Return: 400%