ALCH looks heavily sold into support — #Neeeno watching for a dead-cat bounce, not a clean trend long ⚠️
Entry: 0.0658 – 0.0665
TP1: 0.0682
TP2: 0.0698
TP3: 0.0715
SL: 0.0648
$ALCH is in a clear short-term downtrend and just flushed into the 0.0653 low area. RSI is extremely depressed, so a bounce can happen, but the structure is still weak and price remains below all major short-term averages.
This is a risky rebound setup, not a strong breakout play. If buyers defend the 0.0658 zone, a relief move could push toward the 0.0682–0.0715 resistance range. 🚀