$ALCH / USDT LONG TRADE SETUP
$ALCH is currently trading at 0.13725 USDT, following a sharp corrective move of -13.32% over the last 24 hours. The price has recently touched a 24-hour low near the 0.13510 zone, where it is currently attempting to establish a local bottom. The long lower wicks on the 15m candles suggest that buyers are starting to defend this support level, indicating a potential oversold bounce.
Target Points
TP1: 0.1440 (Initial recovery toward the previous consolidation zone)
TP2: 0.1493 (Testing the recent local high resistance)
TP3: 0.1628 (Revisiting the 24-hour high resistance)
Stop Loss
Set stop loss below 0.1340 to minimize risk if the price breaks the current support floor.
Buy and Trade here on $ALCH
ALCH
Alpha
0.092897
-5.86%