ALCH current price around 0.178, small long position, stop loss at 0.1665, target at 0.195+;

ALCH is strongly consolidating, with a large contract open interest, supported by the 60 moving average on the 4-hour chart. The sideways movement is replacing the downward trend, and AI remains strong. There is a rebound trend in smaller timeframes, so a rebound can be attempted;

$ALCH

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