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$ALCH /USDT
Current price is showing moderate strength, with ~+0.8% change in the last 24 hours. After a sharp breakout attempt toward 0.1445, price faced rejection and is now pulling back toward the 0.140 area. This looks less like a crash and more like a post-impulse cooldown.
On the 1H timeframe, we can clearly see bearish candles forming after the rejection, suggesting short-term selling pressure and momentum shifting neutral-to-bearish.
Market Structure & Momentum
Strong impulse from 0.1383 → 0.1445
Rejection wick at resistance = buyers losing control short-term
Pullback is holding above prior structure (bullish context intact)
Likely scenario: range or retracement before next move
Trade Setup (Short-Term Pullback)
Entry Zone:
• 0.1415 – 0.1440 (sell on weak bounce / rejection)
Targets:
• Target 1 🎯: 0.1395 (intraday support)
• Target 2 🎯: 0.1382 (range low / liquidity sweep)
• Target 3 🎯: 0.1368 (strong demand zone)
Stop Loss:
• 0.1455 (clear invalidation above high)
Bullish Continuation Scenario
If ALCH reclaims and holds above 0.1455 with strong volume, this pullback thesis is invalid. In that case, price can expand toward 0.148 → 0.152, opening the door for a trend continuation move.
Summary
ALCH is not showing crash behavior yet. This looks like a healthy retracement after a fast push, with downside risk limited as long as 0.138 holds. Watch how price reacts at support — that reaction will decide the next big move.
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