#Alch #Signal🚥.
Trading Suggestion:
For Long (Buy): Enter above $0.093, targeting $0.095-$0.10.
For Short (Sell): If price drops below $0.091, expect a retest of $0.087.
Here's a breakdown of the key indicators for ALCH/USDT Perpetual:
1. Price & Moving Averages (MA)
Current Price: $0.09225000 (-5.01%) – showing a downward movement.
Mark Price: $0.09225 – nearly the same as the last traded price.
MA60 (Gray Line): $0.09122 – The price is above the 60-period moving average, which suggests short-term bullishness.
MA5 (Yellow Line): 516,586 – Recent short-term moving average.
MA10 (Blue Line): 1,094,069 – Slightly higher than MA5, showing increasing momentum.
2. Volume
24H Volume: 154.56M USDT – Good liquidity, indicating active trading.
Current Volume: 381,344 – Moderate but stable trading activity.
3. MACD (Moving Average Convergence Divergence)
DIF (MACD Line - Yellow): 0.00028 – Positive, indicating mild bullish momentum.
DEA (Signal Line - Purple): 0.00027 – Almost equal to DIF, suggesting consolidation.
MACD Histogram: 0.00002 – Near zero, meaning there's no strong momentum in either direction.
4. Support & Resistance Levels
24H Low: $0.08766 – This acts as the support level.
Current Price: $0.09225 – Close to the recent high.
Next Resistance: $0.09327 (upper boundary of the visible price range).
Conclusion
Short-Term Trend: Slightly bullish as price is above MA60.
Medium-Term Trend: Neutral as MACD shows no strong momentum.
Long-Term Trend: Uncertain; further confirmation needed.
Key Level to Watch: If the price stays above $0.09122 (MA60), it may continue upward. However, if it drops below this, bearish movement may follow.
