$ALCX / USDT — Impulsive Breakout, Bullish Continuation

ALCX is currently trading near 8.19 following a strong impulsive breakout from the 7.50–7.70 consolidation range. On the 1H timeframe, price printed a decisive expansion candle, signaling a clear momentum shift as buyers stepped in with strength. Former resistance has now flipped into short-term support, reinforcing the bullish structure.

As long as price holds above the breakout zone, continuation toward higher resistance levels remains favored. Any shallow pullbacks into support may present attractive continuation entries.

Entry Zone:

7.95 – 8.20

Targets:

T1: 8.80

T2: 9.40

T3: 10.20

Stop Loss:

7.40

Outlook:

The bias stays bullish while price remains above 7.60. Holding this level preserves the breakout structure and supports further upside. A clean break below 7.40 would invalidate the setup and signal a shift toward bearish momentum.