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【$ALCH Signal】Long | Volume and Price Rise Together Breakout
$ALCH After a volume surge, the price action indicates a healthy breakout confirmation rather than just a short squeeze. Open interest rises in sync, implying main capital entering the market, with buying absorbing all pullbacks.
🎯 Direction: Long
🎯 Entry: 0.0920 - 0.0950
🛑 Stop Loss: 0.0880 ( Rigid stop loss, invalidates the structure if broken )
🚀 Target 1: 0.1050
🚀 Target 2: 0.1150
$ALCH Breaks through recent consolidation zone, accompanied by over 12% increase and significant volume, which is a typical breakout signal. The increase in open interest confirms the establishment of new long positions rather than short covering. After the breakout, there was no quick retracement, indicating steady absorption by buyers. As long as the price stays above the 0.0880 support, the probability of continuing upward is higher. Small loss, big profit—earning from the probability of trend continuation after the breakout.
Trade here 👇 $ALCH
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