$ALCX Liquidity Spike Returning to Range
That sharp wick at ~5.45 was a liquidity grab, not a sustained breakout. The price got rejected quickly and is now back within the previous range → still no trend confirmation.
The current structure is sideways with weak momentum, trading around the mid-range (~5.10–5.20).
Key Levels:
Resistance: 5.30 – 5.45
Support: 5.00 – 4.95
Long (bottom of the range): 📈
Entry: $5.00 – $5.05
SL: $4.85
TP1: $5.20
TP2: $5.30
Long above $5.45 (strong close) → TP: $5.70 / $6.00
$ALCX
That sharp wick at ~5.45 was a liquidity grab, not a sustained breakout. The price got rejected quickly and is now back within the previous range → still no trend confirmation.
The current structure is sideways with weak momentum, trading around the mid-range (~5.10–5.20).
Key Levels:
Resistance: 5.30 – 5.45
Support: 5.00 – 4.95
Long (bottom of the range): 📈
Entry: $5.00 – $5.05
SL: $4.85
TP1: $5.20
TP2: $5.30
Long above $5.45 (strong close) → TP: $5.70 / $6.00
$ALCX