๐Ÿงช $ALCX / USDT - Observing a Retracement After a Weekly Gain on Binance

Hey Binancians! ๐Ÿ‘‹

Taking a look at the 4-hour chart for Alchemix ($ALCX ) against USDT on Binance, we're currently seeing the price at 8.95 USDT, with a slight decrease of -0.56% in the last 4 hours.

Despite this recent dip, $ALCX has shown a positive performance over the past week with a gain of +9.69%. The price reached a 24-hour high of 9.63 USDT, indicating bullish momentum earlier in the day.

The 24-hour trading volume for ALCX is 85,618.57, suggesting continued interest in this DeFi protocol.

What are your thoughts on ALCX's current price action? Is this a temporary pullback before another attempt at higher levels, or a sign of further consolidation? Share your analysis in the comments below! ๐Ÿ‘‡

Remember to always conduct your own thorough research before making any trading decisions. The cryptocurrency market can be unpredictable. #DYOR

#ALCX #Alchemix #Binance #DeFi #Trading