ALCH recent price action is quite interesting. From the December top of $0.2434, it has declined nearly fifty percent, but in the last 7 days it has gained close to 11%, which indicates that capital is indeed gradually flowing back. The current price level of $0.1284 is noteworthy—below it there's only a 16% downside to the strong support at $0.1095, while above there's $0.1650 with 29% upside space. From a risk-reward ratio perspective, it's worth considering.

If entering positions in tranches, the first key level to watch is $0.1450. If it holds there, continue watching $0.1650, and if momentum strengthens further it could reach $0.1850. Set the stop loss at the $0.1050 line, don't let it break. If entering a long position at market price from the current level, you still need to maintain proper risk control.