Today crypto currency Big loser Technical Analysis: ALCX/USDT
Current Price: 14.70 USDT
As we analyze the $ALCX /USDT trading pair, a few key technical indicators and levels stand out that traders should monitor closely.
Key Levels to Watch:
1. Support Level: 14.50 USDT đŻ
This level has held strong as a recent low, providing a potential entry point for buyers. If the price retraces to this area, we may see increased buying interest, possibly leading to a bounce back.
2. Resistance Level: 15.00 USDT đŻ
The SAR indicator suggests this level as a critical resistance. A breakout above this level could signal a bullish trend reversal, attracting momentum traders and further driving the price higher.
3. Target Level: 16.00 USDT đŻ
Should the price break through the 15.00 resistance, the next target is set at 16.00 USDT. This level aligns with previous highs, providing a significant profit-taking opportunity for traders looking to capitalize on upward momentum.
Market Overview:
24h High: 18.88 USDT
24h Low: 14.50 USDT
24h Volume (USDT): 12.00M
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