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$ALCH momentum is fading after the explosive breakout move
Short $ALCH
Entry: 0.0965 – 0.0985
SL: 0.1015
TP1: 0.0920
TP2: 0.0875
TP3: 0.0840
TP4: 0.0800
Why:
After the massive impulse candle toward 0.1119, price failed to continue higher and entered a weak sideways distribution phase. Volume dropped significantly after the breakout spike, which often signals fading buyer interest. If 0.094 support breaks cleanly, a deeper retracement toward MA25 and previous breakout zones becomes likely.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $ALCH here 👇
{future}(ALCHUSDT)