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.
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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Professional technical analysis for Crypto, Forex & Gold.
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TradeAnalyzer.Pro
Professional technical analysis for Crypto, Forex & Gold.
Advanced indicators • Multi-timeframe analysis • Live market insights
tradeanalyzer.pro
Professional technical analysis for Crypto, Forex & Gold.
Advanced indicators • Multi-timeframe analysis • Live market insights
tradeanalyzer.pro
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
