$ALCX
/USDT Technical Analysis๐ฅ๐ฏ
Current Price: $20.35
Trend: Bullish short-term momentum (+6.21% in the last 24 hours). Recent consolidation and slight upward movement suggest continued strength.
Key Levels:
1. Support: $19.11 (recent low from 24h range)
2. Resistance: $20.77 (24h high)
3. Breakout Zone: $20.80+ (for potential upward continuation)
Trade Momentum: Positive
The current bullish trend with upward movement in the last 24 hours indicates market strength. Price holding above $20.00 suggests potential to test higher levels. Watch for a breakout past $20.80.
Trade Signal with Target Levels
Entry: $20.30 - $20.50
Target Levels:
Target 1: $21.00
Target 2: $21.50
Target 3: $22.00
Stop-Loss: $19.00 (to limit downside risk)
Keep an eye on the market momentum; if price breaks below $19.00, consider reevaluating the position. Otherwise, the trend remains favorable for upward movement in the near term.