ALCH /USDT looking like a โbear trapโโฆ but price action says otherwise ๐
$ALCH โ LONG ๐
Trade Plan:
Entry: 0.086605 โ 0.087235
SL: 0.085027
TP1: 0.088813
TP2: 0.089444
TP3: 0.090706
๐คทWhy this setup? #bullish
4H structure is shifting bullish with higher lows forming, while the daily trend remains bearish. This HTFโLTF divergence often gives strong counter-trend scalps.
RSI on lower timeframes still has room before hitting overbought territory โ momentum building quietly. โก


ALCHUSDT
Perp
0.08354
-4.68%
โ๏ธThe Real Question:
Is this the true reversal pivotโฆ or just a dead cat bounce before the daily downtrend continues?
Risk management is key here โ tight SL, quick TP execution. ๐ฏ
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