🔍 $ALCH 4Hr Technical Analysis
Price plunged to a local bottom at $0.08494 on June 2.
Since then, it has sharply recovered and is now consolidating around $0.14379.
This rally has broken through:
🟡 MA(7) – momentum turned bullish
💗 MA(25) – short-term trend flipped
🟣 MA(99) – medium-term resistance cleared
Now, price is approaching the MA(200) at $0.15031, which is a major technical resistance. Historically, the 200MA acts as a key trend confirmation level.
📊 Key Levels
Support (SL): $0.1293 (MA25)
Current Price: $0.1437
Major Resistance (Breakout Trigger): $0.1503 (MA200) , $0.16450 (previous support turned resistance) , $0.18300 (next structural resistance)
🎯 STRATEGY for #ALCH TRADERS
🟢 Scenario 1: Break & Hold Above 200MA
✅ Entry: $0.1515 (on confirmation close above 200MA)
🎯 Targets : 0.1645 , 0.1700 , 0.1830
❌ SL: $0.1290 (below MA25 + invalidation zone)
This is a trend continuation setup with clean invalidation and tight R:R.
🟠 Scenario 2: Fakeout & Pullback to MA25
✅ Entry: $0.1300–$0.1350 zone (bounce from MA25)
🎯 Targets - 0.1500 , 0.1645 , 0.1700 , 0.1830
❌ SL: $0.1240 (clear break below MA25 structure)
This is your pullback strategy, for traders who prefer to buy dips with tighter stop-loss placement.
🧠 Final Thoughts:
Price has regained bullish structure across short- and medium-term MAs.
The 200MA is the battlefield. If bulls win, we may see a swift run toward $0.18.
Risk-managed entries with SL at the 25MA keep downside contained.
⚡ Stay patient. Let price confirm the breakout or offer a clean dip — don’t chase.