ALCH(ALCHUSDT) Recently, there have been some anomalies in trading volume, but the 1-hour MACD has shown a golden cross signal, giving us a chance for a rebound.
From a technical perspective, the support level is around 0.118 (previous small platform support), which is a good entry point. You can try to catch a second upward move. If it breaks below 0.115, the risk becomes clearer, approximately 2.5%.
In terms of targets, the first stage is 0.125 (about 5.9% increase), and the second stage is 0.128 (about 8.5% increase). The 1-hour RSI has not yet entered the overbought zone, and the MACD histogram has just turned positive, all positive signals. The key is whether it can hold steady at the 0.12 level; only then is there a chance to push towards previous highs.
I personally will adopt a small position probing strategy. Once it breaks below 0.115, I will cut losses decisively and not look back. In such market conditions, taking profits promptly and strictly managing risk is the key to long-term trading success.
*The above is only a technical analysis sharing and does not constitute investment advice.
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HodlKumamon
· 14h ago
Xiong Xiong Yoyo sees the MACD golden cross again. Can it really hold steady at 0.12 this time? Feeling a bit exhausted.
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BearMarketBro
· 14h ago
MACD Golden Cross is here again. Will this time be another false alarm...
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MerkleDreamer
· 14h ago
Small position testing, only reliable if it stays above 0.12, otherwise it's easy to get trapped.
ALCH(ALCHUSDT) Recently, there have been some anomalies in trading volume, but the 1-hour MACD has shown a golden cross signal, giving us a chance for a rebound.
From a technical perspective, the support level is around 0.118 (previous small platform support), which is a good entry point. You can try to catch a second upward move. If it breaks below 0.115, the risk becomes clearer, approximately 2.5%.
In terms of targets, the first stage is 0.125 (about 5.9% increase), and the second stage is 0.128 (about 8.5% increase). The 1-hour RSI has not yet entered the overbought zone, and the MACD histogram has just turned positive, all positive signals. The key is whether it can hold steady at the 0.12 level; only then is there a chance to push towards previous highs.
I personally will adopt a small position probing strategy. Once it breaks below 0.115, I will cut losses decisively and not look back. In such market conditions, taking profits promptly and strictly managing risk is the key to long-term trading success.
*The above is only a technical analysis sharing and does not constitute investment advice.