đ $ALCH Counter-Trend Long Setup đ
While the higher-timeframe trend remains bearish, the 4H structure is flashing early long signals. Momentum indicators suggest thereâs still room for an upside move before any exhaustion kicks in âĄ
đą Entry Zone: 0.0843 â 0.0872
đ Stop Loss: 0.0770
đŻ TP1: 0.0945
đŻ TP2: 0.0974
đŻ TP3: 0.1032
đ Why this setup:
âą Daily trend bearish, but 4H structure turning bullish đ
âą RSI (15m) near 55 leaves room for expansion đ
âą Key demand zone aligning with reversal structure đȘ
âą Potential counter-trend move in play
đ ALCHUSDT (Perp)
đ° Price: 0.07716
đ Change: â13.52%
Is this the beginning of a 4H reversal or just a temporary bounce? Risk management is key on this one đ„
#PerpTrading đ