【$ALCH Signal】Bullish Breakout with Healthy Pullback

After a volume breakout on the 4H timeframe, the price is consolidating with decreasing volume above the previous high resistance, forming a healthy bullish reset.

🎯Direction: Long

🎯Entry: 0.0805 - 0.0810

🛑Stop Loss: 0.0780 $ALCH Break below the previous 4H candle's low, rigid stop loss(

🚀Target 1: 0.0855

🚀Target 2: 0.0890

Market Analysis: The price did not panic sell after breaking above the previous high of 0.08139, but instead consolidated with small volume candles above the breakout level. The latest 4H buy/sell ratio is 0.52, indicating buying pressure is beginning to dominate.

Logical Core: Key data supports a bullish structure. 1) Funding rate is only 0.005%, indicating no overheating risk. 2) Depth imbalance is at 12.08%, with bids significantly thicker than asks, showing strong support below. 3) Price is above the EMA20 (0.0834), but RSI has corrected from overbought to a neutral 46.36, preparing for another upward move.

The current consolidation can be viewed as an order block after the breakout, with the main force absorbing floating positions. Stop loss is set below the previous low, with a clear invalidation point. Risk-reward ratio >2, fitting a high-probability trading framework.

Trade here 👇 )

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