$ALCH USDT Market Update
Trade Type: SHORT → BEARISH PULLBACK
Entry Zone: 0.0820 – 0.0832
Key Resistance: 0.0845 – 0.0857
Targets:
TP1: 0.0805
TP2: 0.0792
TP3: 0.0775
Stop Loss: 0.0862
Market View:
ALCH faced strong rejection near
0.0857 resistance and formed
multiple lower highs on the 15m chart.
A sharp wick down to 0.0791
shows volatility, but price is
still trading below key resistance.
Current structure indicates
weak bullish momentum and
selling pressure on rallies.
As long as price remains below
0.0857 zone, downside continuation
is more likely.
A clean breakout above 0.0865
will invalidate the short setup.
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