â**$ALCHUSDT** just got demolished.Â
â-41% in 24 hours.Â
âRSI at 16 â nearly historic lows.Â
â
â### đ WHAT I SEE:Â
â1. EXTREME OVERSOLD (RSI < 20)Â
â2. WHALE WALLS forming at 0.08800Â
â3. FUNDING RATE NEUTRAL â no heavy shorts leftÂ
â
âThis is either:Â
ââ
A bounce opportunityÂ
ââ A dead cat falling furtherÂ
â
â### ⥠MY QUICK SETUP:Â
â- LONG ONLY IF it holds 0.08500Â
â- Entry: 0.08600â0.08800Â
â- SL: 0.08300 (hard stop)Â
â- TP: 0.09500 â 0.10200Â
â- Leverage: 5x (Isolated)Â
â
â### đŹ YOUR TAKE:Â
â**Poll: Whatâs next for $ALCH?**Â
ââŹïž Bounce to 0.095Â
ââŹïž Drop to 0.080Â
ââĄïž Sideways deathÂ
â**Comment your entry or avoid reason below đ#MarketRebound #ALCH $ALCH

