$ALCH remains in a clear downtrend with consistent lower highs and lower lows. The selloff from the 0.17–0.18 zone confirms strong selling pressure, and the bounce from 0.137 shows no signs of a reversal.
Price is consolidating below prior breakdown levels, which typically signals bearish continuation. Sellers remain in control, with bounces being sold.
Short Setup
Entry Zone: 0.145 – 0.150
TP1: 0.138
TP2: 0.132
Stop Loss: 0.154
Bearish bias remains unless price reclaims and holds above 0.150 – 0.152.
