📊 $ALCH USDT | Oversold Bounce
$ALCH has printed an extreme volatility candle followed by a sharp retracement. Price is now extended to the downside increasing the probability of a technical bounce.
Bias: Long
Entry: 0.150 – 0.160
Stop Loss: 0.140
Targets:
TP1: 0.175
TP2: 0.195
TP3: 0.220
Reasons:
• Large deviation from recent average price
• Panic-driven sell-off typically retraces
• Buyers historically defend this zone
Trade light and respect risk — volatility cuts both ways.
