$ALCX showing a sharp bullish spike, rallying over 25% in recent sessions, but the momentum is weakening — signaling a potential short opportunity as sellers step in.
Trade Setup:
Entry Range: 9.50$ – 9.60$
Target 1: 9.00$
Target 2: 8.50$
Target 3: 8.00$
Stop Loss (SL): 10.00$
If $ALCX fails to hold below 9.60$, downside momentum could accelerate toward 8.00$. The trend structure suggests a short-term bearish correction.