【$ALCH Signal】Waiting for a callback, accumulating long positions during the range

$ALCH 1H level surging and falling back, current price 0.08435. The upper band of the 4H Bollinger Bands is clearly suppressing at 0.0944, 1H MACD fast and slow lines dead cross downward, histogram expanding negative, short-term momentum weakening. Market depth is unbalanced -32%, sell orders are significantly thicker than buy orders, insufficient capital support. The current risk-reward ratio is not attractive, chasing higher may lead to being trapped.

Waiting for a decent correction, accumulating longs in batches within the range of 0.07505 to 0.08543.

🛑Defense must be placed below 0.06915.

🚀First target set at 0.08684, after breakthrough, target at 0.09274.

🛡️Trading management: - Execution strategy: Reduce position by half upon reaching the first target, move stop-loss to cost. If the price falls back into the entry zone, exit immediately without hesitation.

The 4H MACD is still above the zero line, but the red histogram is shrinking, indicating a slowdown in the bullish trend. The 1-hour price has broken below the EMA20 at 0.0856 and is testing the support strength of the EMA50 at 0.0771. Combined with negative market depth and technical correction on the 1H timeframe, it’s more appropriate to wait for the bulls’ defense line to be rebuilt. The funding rate of 0.0339% is not extreme, currently no liquidation risk.

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