#ALCH - Price Update
Market state: Very neutral zone right now.
Price is still trapped below major resistance levels:
0.14150 | 0.14700 | 0.15400 | 0.16400
⛔️ Caution:
As long as there’s no daily candle close above 0.14800$, going long feels risky and possibly premature.
Key support to hold:
0.10000 (break below here would invalidate the bullish case short term)
🔎 Patterns:
Possible wedge formation visible on H4/H1 charts; watch for breakout moves!📈
Weekly view:
Still looking healthy! This could just be bullish consolidation before the next leg up.❓
