🚀 SIGNAL: $ALCH
[DIRECTION: 🟢 LONG]
• Trade Type: Intraday Scalp
• Leverage: Cross 10x - 15x
• Risk Level: High (High Volatility)
🎯 ENTRY ZONE: $0.0838 – $0.0848
Look to enter on a retest of the $0.084 level or a confirmed bounce on the 5m chart.
💰 TAKE PROFIT TARGETS:
1. TP1: $0.0882 (Quick 4% move / Secure profits & move SL to entry)
2. TP2: $0.0915 (Major intraday resistance)
3. TP3: $0.0960 (Trend reversal extension)
🛡️ STOP LOSS: $0.0812
(Closing below the recent 24h low invalidates the bounce setup)
📊 ANALYSIS & STRATEGY:
• Momentum: The 14-day RSI is hovering around 35, indicating the asset is nearing the oversold territory. On the 15m/1h timeframes, we are seeing a bullish divergence forming as selling pressure exhausts.
• Key Support/Resistance: Strong support is held at $0.0823. A break above $0.0890 (24h high) will trigger a liquidity grab toward the $0.091 level.
• Market Sentiment: Currently "Extreme Fear" (Index at 14), which often precedes a relief rally for high-beta alts. AI sector narrative remains a strong catalyst for quick bounces.
⚠️ RISK NOTE: This is a high-beta asset. Use isolated margin if you are uncomfortable with cross-margin swings. Do not risk more than 1–2% of your total account on this single scalp.
