💰 $ALCH Rejection
🔽 SHORT
✳️ ENTRY: 0.0990 – 0.1020 – 0.1045
🎯 TARGETS: 0.0975 – 0.0952 – 0.0925 – 0.0895 – 0.0855 – 0.0805 – 0.0750
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.1070
#ALCH is showing clear distribution after failing at higher levels, printing a bearish market structure with lower highs. Price has rejected sharply from the MA200 and is now trading below it, while sitting above the rising MA7, MA25 and MA99 cluster which are starting to flatten. RSI momentum is rolling over from the 70 zone with negative divergence visible, and MACD has printed a fresh bearish crossover with the histogram expanding downward, confirming seller control. We’re seeing strong resistance behavior around the 0.10–0.106 area where aggressive selling stepped in on elevated volume, flipping previous demand into supply on every bounce. This volume-backed rejection after the failed breakout sets up a solid continuation lower. DCA your shorts into the three evenly spaced entries (tighter into SL), scale partial profits at each target, and trail the rest. High-probability setup — let’s ride this leg down.
🔽 SHORT
✳️ ENTRY: 0.0990 – 0.1020 – 0.1045
🎯 TARGETS: 0.0975 – 0.0952 – 0.0925 – 0.0895 – 0.0855 – 0.0805 – 0.0750
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.1070
#ALCH is showing clear distribution after failing at higher levels, printing a bearish market structure with lower highs. Price has rejected sharply from the MA200 and is now trading below it, while sitting above the rising MA7, MA25 and MA99 cluster which are starting to flatten. RSI momentum is rolling over from the 70 zone with negative divergence visible, and MACD has printed a fresh bearish crossover with the histogram expanding downward, confirming seller control. We’re seeing strong resistance behavior around the 0.10–0.106 area where aggressive selling stepped in on elevated volume, flipping previous demand into supply on every bounce. This volume-backed rejection after the failed breakout sets up a solid continuation lower. DCA your shorts into the three evenly spaced entries (tighter into SL), scale partial profits at each target, and trail the rest. High-probability setup — let’s ride this leg down.
