# ALCX

🤔 Is this the real move, or just a trap?
$ALCX ‌ is up over 39% today. Nice to see that volume come in after a slow grind from the 11.73 level.
It looks like we finally broke that $15.00 resistance and tapped the daily high of $15.65.
Now the problem is we're pulling back. Look at the last couple of 1-hour candles. Heavy selling pressure right at that high. The wicks are huge.
We gotta hold the $14.50 area, which is today's main pivot. If that breaks, we likely retest the $13.15 support.
If buyers can step in here and keep it green above $14.50, we might see another run at $16.
Patience is

⚠️ $ALCX ‌ just keeps going. Is this real life?
Look at this chart. The pump started yesterday and hasn't really stopped. It went from $10 all the way to $15.65. That's serious momentum.
But here's the kicker: it’s hitting that high and getting instantly sold down. The last few candles are tall wicks right at the top. That's a sign of resistance.
The price is $14.56 right now. It is holding the $13.50 area as support which is great.
If it can consolidate above $14.30 for the next two candles, we might see another push to break $15.65.
If it loses $14.00, it’s probably a good time for a short