$ALCH Signal】1H overbought but momentum is very strong, pullback to buy again for a second surge


$ALCH 1H RSI 93.2, Bollinger Bands expanding outward, funding rate 0.0639% slightly high but not extreme. Buying pressure continues to push higher, profit-taking at high levels is also accumulating. Multiple top divergence has not appeared yet, currently a fund-driven rally. A pullback to around 0.0996 can be bought, stop loss at 0.08259, target 1 at 0.10012, target 2 at 0.10052. Risk-reward ratio is poor, only suitable for very light positions to gamble on a second surge.

🎯Direction: Long (buy on pullback)

⚡Entry/Order: 0.0996 (upper limit of the range)

🛑Stop loss: 0.08259

🚀Target 1: 0.10012

🚀Target 2: 0.10052

🛡️Trade management:
- After reaching target 1, reduce position by 50%, move stop loss up to entry price. If the price falls back to the entry level, automatically exit to protect principal.

View real-time market 👇 $ALCH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易
ALCH22.67%
BTC1.88%
ETH1.97%
SOL3.56%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin