$ALCX 🔋 Alchemix ($ALCX) in Accumulation Mode!

The ALCX/USDT chart on Binance is showing classic signs that selling pressure may be easing. With the price at $9.08 (+2.02% recovery in the last 24h), the chance of a significant bounce is on the radar!

Why the optimism?

RSI in Opportunity Zone: The Relative Strength Index (RSI) is at 29.00! This is the oversold territory, where history shows that the energy for an upward movement tends to accumulate.

Testing Support: The price is working on the lower band of the Bollinger Bands ($8.79), a sign that we are in an area of potential strong technical support.

Strong DeFi Fundamentals: ALCX is an innovation in DeFi with its self-repaying loans. When market sentiment improves, projects with solid fundamentals like this tend to react quickly!

This could be the base for the next leg up! Don't miss the moment when the trend could reverse.

Do you think $ALCX will aim for $10 again? Leave your guess! 👇