🔻 $ALCH — Bearish Continuation Setup

$ALCH previously spiked aggressively toward 0.246, but that move was quickly rejected and followed by a sharp breakdown. This price action looks more like a liquidity grab than real bullish strength.

Since then, the market has failed to reclaim key intraday resistance zones and is now grinding lower, with every bounce getting sold into — a classic sign of distribution, not accumulation 📉

⚠️ Key Level Breakdown

The 0.195 – 0.205 zone acted as strong support earlier

Price lost this level and is now trading below it, confirming short-term bearish control

Momentum has shifted from impulsive buying to controlled selling

As long as price stays below 0.198 – 0.200, downside continuation remains the higher-probability scenario, especially for scalps.

📌 When does the bias change?

Only if price reclaims and holds above 0.200 with strong volume and acceptance. Until then, shorts remain favored.

🔽 Short Scalp Trade Setup

Entry Zone: 0.188 – 0.198

TP1: 0.175

TP2: 0.165

Stop Loss: 0.205

Leverage: 20x – 50x

Margin: 2% – 5%

🛡 Risk Management:

Once TP1 is hit, move stop loss to breakeven to protect capital.

👇👇 Short $ALCH with caution and discipline

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