🚀 Update on the <$ALCH > coin
📌 Market Structure: The price is in a strong upward trend (Bullish Impulsive Wave) supported by massive liquidity momentum (Volume) and a breakout through all moving averages (EMAs). However, the RSI indicates a sharp overbought condition (96+), which requires waiting for a natural correction.
🎯 Intraday Trading Plan:
Suitable Entry Zone (Buy Zone): Enter in stages during the pullback between levels 0.03830 - 0.03620 (retesting support).
First Target: 0.04100
Second Target: 0.04210
Third Target: 0.04500
Stop Loss: Hourly candle close below 0.03380 (breaking the nearby support).
#TokenizedStockHoldersUp619.1% #US10YearTreasuryYieldNears5% #ClarityActFacesProceduralVoteSept15
📌 Market Structure: The price is in a strong upward trend (Bullish Impulsive Wave) supported by massive liquidity momentum (Volume) and a breakout through all moving averages (EMAs). However, the RSI indicates a sharp overbought condition (96+), which requires waiting for a natural correction.
🎯 Intraday Trading Plan:
Suitable Entry Zone (Buy Zone): Enter in stages during the pullback between levels 0.03830 - 0.03620 (retesting support).
First Target: 0.04100
Second Target: 0.04210
Third Target: 0.04500
Stop Loss: Hourly candle close below 0.03380 (breaking the nearby support).
#TokenizedStockHoldersUp619.1% #US10YearTreasuryYieldNears5% #ClarityActFacesProceduralVoteSept15