ALCHUSDT: Weak Recovery Signals Another Move Lower?

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ALCHUSDT is trading below a key resistance zone after a strong rejection from recent highs. The current recovery lacks momentum, while sellers continue to defend the upper range.

As long as 0.02785 remains intact as resistance, the bearish structure favors a move toward 0.02612. A break above the stop-loss level would invalidate this setup.

Trade Setup

Entry: 0.02754
Target: 0.02612
Stop Loss: 0.02785

I'll wait for bearish confirmation and increasing selling volume before expecting continuation.

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