$ALCH /USDT Just experienced a sharp, aggressive selloff from the 0.15 area, flushing price straight into the 0.10 zone. The move was fast and emotional, suggesting forced selling and late longs getting wiped. Price is now sitting near prior demand, and the long downside extension hints that some selling pressure may be exhausting, but structure is still fragile.

From a trading perspective, this is not a chase setup. Stability above 0.095–0.10 is required before any constructive bias returns. If ALCH can base and reclaim 0.11, a relief bounce toward 0.12–0.13 becomes possible. A clean loss of 0.095 would open risk for further downside continuation.