ALCH contract end, previous complete 5m candle +5.37%, current price 0.05604, 24h volume 2.2534 million, VWAP 0.054231 above, volume/momentum 61.3x. My take is very simple. What should be watched now is: don’t treat it as a launch until it’s confirmed, but if the pullback shows strong support, it’s worth keeping an eye on.
Can a retest hold above VWAP 0.054231? After the volume/momentum expands to 61.3x, can it continue to stay that way? High hype doesn’t equal confirmation—there’s still another hurdle to clear.
#ALCH #trade alert
Can a retest hold above VWAP 0.054231? After the volume/momentum expands to 61.3x, can it continue to stay that way? High hype doesn’t equal confirmation—there’s still another hurdle to clear.
#ALCH #trade alert