Analysis and Recommendation
$ALCX /USDT - Buy Order Setup - Bullish Breakout Zone 💯 🔥
Current Price: 11.26
Market Structure: The price of $ALCX is trading near its daily high after a steady rise, showing strong bullish candles and higher lows, indicating the potential for a price breakout.
Entry Level:
Enter a buy order between 11.20 and 11.30 after a slight pullback or sideways consolidation.
Stop Loss:
Set the stop loss below 11.00 to reduce exposure to risk.
Target Points:
TP1: 11.50
TP2: 11.75
TP3: 12.00
Trading Analysis:
ALCX shows a steady demand for buying with the price stabilizing near the top of its daily range. If the upward trading volume continues and clearly breaks the resistance level of 11.30, the bullish momentum may extend towards the 12.00 level.
Buy, Trade, and Follow the Recommendation