🚀 $ALCX /USDT — Bullish Momentum Building
$ALCX is showing a steady recovery from $10.10 support and has reclaimed short-term resistance near $10.80. On the 1H chart, price is forming higher lows, indicating buyers are gradually gaining control.
Chart Structure & Key Levels (For Learning):
Observation Zone: $10.70 – $10.95
Resistance Areas: $11.20 → $11.45 → $11.80
Support / Structure Hold: $10.55
Technical Takeaways:
Price reclaiming resistance shows momentum shift
Higher lows on short-term charts indicate gradual strength accumulation
Key levels help identify potential reaction zones and continuation areas
Maintaining structure above $10.55 keeps the short-term bullish bias intact
This setup is a good example of how to study price recovery, short-term structure, and momentum on intraday charts.
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