You're trading ALCX/USDT on the 4-hour chart. Let's find optimal buy and sell prices using price action and key levels.
Buy Price (Support Entry Levels)
Ideal buy zones:
10.03 USDT: Previous breakout level (support now).
9.28 USDT: Strong support from past consolidation.
8.52 USDT: Major support zone before the rally.
These are areas where price may bounce back up.
Sell Price (Resistance/Target Levels)
Current price: 11.12 USDT
Ideal targets:
11.37 USDT: Local high (recent rejection zone).
11.55 USDT: Next resistance (round number).
If it breaks above 11.55, next zone would be determined based on historical data or Fibonacci.
$Strategy Suggestion
If price dips:
Buy Zone: Between 9.28 – 10.03 USDT
Target Sell Zone: Between 11.37 – 11.55 USDT
Stop-Loss: Around 8.50 USDT to limit risk.$
