🔷️ #ACH has returned to its ascending trend support for the fourth time. The price, which previously reacted strongly three times from this level, is currently trading at the lower band of the trend. If this support holds through the weekly close, the technical structure remains intact, and gradual pricing towards resistance zones may be possible. The trend structure marked by the yellow line is still valid.
✍️ Alchemy Pay ( $ACH ) is a payment infrastructure that integrates fiat and crypto. It operates with licenses in many U.S. states and recently obtained a Money Transmitter license in Arizona. In Asia, it's integrated with systems like Binance Pay, Shopify, and NaverPay—giving the project strong utility and regulatory backing.
Currently, the price is testing the weekly trendline, and any reaction from this area could be decisive in the short-term outlook. The technical setup at this stage should be monitored closely. This post includes only personal technical analysis.
📌 This is not investment advice.
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