$ALCH
The AI token $ALCH of the Solana ecosystem currently has a market capitalization of $136 million, with holdings of $168 million, strong liquidity, and considerable market attention.
Current price: The price of $ALCH is fluctuating in the range of 0.1575-0.163, with a neutral short-term trend.
Upper resistance: 0.163 is a key resistance level; if it breaks through and retraces to hold above, consider entering a long position with a target profit of about 5% (around 0.171).
Lower support: There is minor support near 0.1575; if it breaks below and fails to hold upon retesting this position, consider entering a short position with a target profit of about 5% (around 0.15).
Trading strategy
Long: If the price breaks above 0.163 and confirms by not breaking below upon retracement, enter a long position, targeting around 0.171.
Short: If it breaks below 0.1575 and fails to hold upon retesting this position, enter a short position, targeting around 0.15.
Operate flexibly for short-term trades, avoid rigid strategies; be cautious with long-term holdings, and do not chase highs or sell on dips.
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