$ALCHUSDT Entry & Exit Points (Short-Term Trading Strategy)
1. Current Market Overview
Last Price: $0.09613
24h High: $0.10244
24h Low: $0.08655
Market Trend: Price is attempting recovery after a strong dip to $0.08655.
2. Support & Resistance Levels
Support Levels:
$0.094 - $0.095 → Immediate support, potential rebound area.
$0.090 - $0.092 → Stronger support zone if price drops further.
Resistance Levels:
$0.098 - $0.100 → First breakout zone, potential rejection.
$0.102 - $0.105 → Major resistance, possible sell-off area.
3. Trading Strategy (Next 2-4 Hours)
✅ Bullish Scenario (If Price Holds Above $0.095)
🔹 Entry: Buy at $0.095 - $0.096 (confirmation of rebound).
🎯 Target 1: $0.098 - $0.100 (partial profit).
🎯 Target 2: $0.102 - $0.105 (stronger breakout target).
🛑 Stop Loss: Below $0.093 (if breakdown occurs).
✅ Bearish Scenario (If Price Drops Below $0.095)
🔹 Entry: Buy at $0.090 - $0.092 (strong support zone).
🎯 Target: $0.098 - $0.100 (resistance zone).
🛑 Stop Loss: Below $0.088 (to prevent further losses).
4. Indicators to Watch
MACD: Turning slightly bullish—wait for crossover confirmation.
RSI (52): Neutral zone—momentum is undecided. A move above 55 indicates strength.
Volume: Increasing near support means potential accumulation.
5. Final Thoughts
📌 Safe Entry: Wait for confirmation near $0.095 before entering.
📌 Quick Scalping: Buy near $0.095, sell around $0.098 - $0.100.
📌 Breakout Play: If price moves above $0.100, next target is $0.105 - $0.110.
Must DYOR