🔥 $ALCH Correcting: Key Levels to Watch! 🧐

The broader crypto market is showing mixed signals. $BTC continues its dance around key levels with institutional interest holding steady, while $ETH displays some pockets of strength. But what's brewing for $BTC

$ALCH has seen a significant pullback after its earlier surge, currently trading around $0.1436. It's a crucial time to watch for its next directional move.

📊 Trading Outlook:

📈 Potential long if $ALCH reclaims and holds above the $0.155-$0.160 resistance zone (previous consolidation & MA cluster) with a surge in volume. Targets could be $0.18 and then $0.20+. (Spot accumulation is advised for this setup).

📉 Short setup only if $ALCH loses the immediate support around $0.125 decisively. This could open the way towards the $0.085 - $0.064 support area. (Approach with caution, consider spot selling or low leverage given typical altcoin volatility).

Stay frosty and manage your risk!

⚠️ NFA/DYOR.

#ALCH #CryptoTrading #Altcoin