【$ALCH Signal】1H sideways consolidation, placing orders for a pullback to go long

$ALCH 1H RSI 61, MACD death cross but decreasing volume bars, 4H Bollinger bands tightening to 0.0933-0.1006 range.
Imbalance of depth -40.44% indicates selling pressure accumulation, funding rate at 0.0188% with longs continuously paying, increasing cost pressure.
Current price at 0.09619 hovers near the middle Bollinger band, with support at 0.0944, but overhead selling pressure at 0.097.
After this rally, a proper correction is needed; a direct breakout above the upper band is less likely.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.09571 (recommended upper limit of the range)
🛑Stop loss: 0.08438
🚀Target 1: 0.09638
🚀Target 2: 0.10038
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven.
If price falls back into the entry zone, exit automatically to protect principal.
Depth logic: 1H volume shrinks, but 4H open interest remains stable, longs have not collapsed.
Current risk-reward ratio is only 0.06, but within a volatile environment, a stop loss within 1% is tolerable;
High funding rates may trigger short-term short squeeze, but beware of further rising rates causing long liquidation.
Order placement is close to recent lows; if broken, abandon the position.
Check real-time market 👇 $ALCH
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