Alchemy Pay (ACH) Market Analysis – April 30, 2025
Alchemy Pay (ACH) is trading around $0.027 (2.7 cents) and remains well-positioned near its key structural support of $0.025 (2.5 cents). With multiple bullish patterns forming — including a cup and handle and double bottom — this zone is now a make-or-break level for future movement.
Technical Overview:
Current Price: $0.027
Major Support: $0.025
Trend Bias: Bullish above $0.025, bearish below.
Bullish Scenario:
Entry Zone:
Accumulate between $0.026–$0.027, only if price holds above $0.025 for 2 consecutive daily candles.
Targets:
Target 1: $0.033 (3.3 cents) – short-term breakout level
Target 2: $0.040 (4 cents) – based on double bottom breakout structure
Bearish Invalidation:
If price closes 2 daily candles below $0.025, the setup is invalidated.
Stop-Loss:
Place stop-loss at $0.0245 to manage risk in case of breakdown.
Summary:
Alchemy Pay is at a technical pivot point. If bulls hold $0.025, it opens a clear path to $0.033 and possibly $0.040. However, a breakdown will likely trigger panic selling toward lower levels.