$ACH (Alchemy Pay) is attracting attention with large trading volumes and important support at $0.0198. If this support level continues to hold, combined with Bitcoin's upward trend, the target of $0.053 is entirely achievable, especially if the overall market maintains positive conditions.
Some points to note:
1. Large trading volume: This is often a signal for increased interest, which can lead to strong price volatility.
2. Previous increase of 340%: If history repeats itself, the profit potential is very large, but caution is also needed regarding adjustment risks.
3. Market sentiment: With Bitcoin leading the trend, altcoins like $ACH often benefit, especially during overall growth phases.
Trading strategy:
• Short-term: Consider trading based on support and resistance levels (0.0198 and 0.053).
• Long-term: If you believe in the project's potential, $ACH could be an accumulation opportunity at lower price levels.
Warning: The volatility of the crypto market always carries high risks. It is advisable to combine technical and fundamental analysis before making investment decisions.
