$ALCX /USDT BEARISH SETUP – DEFI TOKEN SLIPS BELOW INTRADAY SUPPORT!
$ALCX has plunged -8.50% in the past 24H, dropping from a high of $10.34 down to a current price of $9.37. After testing $9.67 resistance, the token saw consistent lower highs and finally broke below $9.40 support. Today’s low hit $9.34 — signaling heavy selling pressure and continuation risk.
📉 Trade Setup (Short):
Entry Price: $9.35 – $9.40
Take Profit (TP): $8.90
Stop Loss (SL): $9.60
🔍 Why Short?
ALCX just broke its key support at $9.40 with back-to-back red candles. The 15M structure shows consistent lower highs and bearish momentum. Volume confirms the strength of this drop, and there's no sign of reversal yet. More downside is likely.
⚠️ Risk Reminder:
Always adjust position size. Use tight SL — DeFi tokens can reverse sharply on short-term wicks.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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