$ALCX Potential Reversal Brewing After Sharp Retracement 🔄📉
$ALCX surged to a high of $12 but faced swift rejection, triggering a pullback to the $10 zone. After touching a local low near $9.62, the price is now consolidating around $10.09, hinting at a possible base formation. The 15-minute chart shows a short-term downtrend softening, with smaller candles and tighter ranges, signaling reduced selling pressure.
📈 Trade Setup
Entry: $10.00 – $10.15
TP1: $10.60
TP2: $11.00
SL: $9.78
#ALCX #CryptoAnalysis #BinanceTrading #DeFiGainer #CryptoSetup