$ALCX CONSOLIDATING AFTER VOLATILITY – BULLS OR BEARS?
Current Price: $14.87 USDT
$ALCX is consolidating after a sharp move and a volatile session. Down 3.25%, it seems to be cooling off after a big spike in volume and price action. Traders are now watching key levels to determine whether the bulls will regain control or if a further dip is in store.
💡 CRITICAL Levels to Watch:
🚧 Resistance at $16.00 USDT – If ALCX can break above this level, it could signal the start of a new leg higher, potentially reaching $17.50 USDT and beyond.
📉 Support around $14.50 USDT – If ALCX continues to consolidate or face downward pressure, this level will be key to prevent further downside.
📈 Bullish Scenario: If ALCX holds the $14.50 USDT support and builds momentum, we could see a renewed push toward $16.00 USDT and potentially test recent highs around $18.00 USDT.
🚀 Next Target: $17.50 – $18.00 USDT
⚠️ Bearish Pressure: A break below the $14.50 USDT support could lead to further downside, potentially dragging the price toward $13.50 USDT as traders exit positions.
Stay sharp, traders! ALCX is at a critical moment, and its next move could determine whether a breakout or a deeper correction is on the horizon!