$ALCH Signal】Pullback to go long, 1H level funds clearly support the bottom


$ALCH 1H level surge and pullback, current price 0.0843 exactly stuck between the 4H Bollinger middle band at 0.0712 and the 1H EMA20 at 0.0856.
Order book depth is imbalanced -32%, sell orders are sparse, but buy orders below 0.08 are clearly accumulating.
The 1-hour MACD fast and slow lines form a death cross downward, but the histogram is shrinking, indicating weakening bearish momentum.
The 4-hour MACD remains in a golden cross state, the trend is not bad.

This position is a direct long, enter at the current price 0.0843, with a stop below 0.06915.
First target is 0.08684, take half profit upon reaching, and push the rest to break even.
Second target is 0.09274, near the previous high resistance zone.

An hour ago, a volume-spike bearish candle smashed down to 0.0835 but was quickly pulled back, showing active support from buyers below.
Although buy depth is weaker than sell depth, the active selling pressure has been mostly absorbed.
The 4H Bollinger bands just experienced a sharp widening, now the middle band has moved up to form dynamic support.
This move looks more like a profit-taking after a surge rather than a trend reversal.
The risk-reward ratio is worth trying here, key is whether the 0.08 psychological level can hold.

Check real-time market 👇 $ALCH
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