$ALCX /USDT – Decision Point Near Bollinger Midline
#Alchemix ($ALCX) is trading at $10.15, down -2.50% on the day. After a minor pullback from its daily high of $10.52, the price is currently hovering just below the Bollinger Basis, setting up for a key directional move.
📊 Market Snapshot
Current Price: $10.15
24h Range: $10.52 (High) / $9.91 (Low)
Volume:
• ALCX: 42.48K
• USDT: $433.77K
Category: DeFi
Trend: Short-term consolidation
SAR: Neutral
MACD: Weak bullish momentum fading
RSI: Flat, near neutral zone (45–50)
Bollinger Bands (20, 2):
Upper Band: $10.34
Middle (Basis): $10.16
Lower Band: $9.97
→ Price is flirting with the midline – breakout or breakdown pending
📈 Trade Setups
Bullish Scenario – Reclaim & Rally:
Entry: $10.20–$10.30
Targets: $10.60 → $11.00 → $11.70
Stop-Loss: $9.90
Bearish Scenario – Breakdown Below Midline:
Entry: < $9.97
Targets: $9.60 → $9.20 → $8.80
Stop-Loss: $10.35
📌 Market Analysis
Price is compressing between the Bollinger Basis and Lower Band
Low volatility could precede a breakout move
MACD shows waning momentum; RSI is not oversold yet
Watch volume – breakout needs confirmation
Tight Range. Big Move Coming?
Patience pays. Wait for a decisive break from the $10.16–$9.97 zone before committing to a direction.
Follow for breakout alerts and real-time setups.
#ALCX #DeFi #CryptoTrading #Write2Earn
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