📊 $ALCH /USDT | 1H Breakout Watch
ALCH is trading around 0.1660, up +10%, after pushing into a fresh local high near 0.1667. Structure remains bullish with steady higher highs and higher lows.
🔍 Technical Observations:
Price holding above MA(7) & MA(25) → strong short-term momentum
MA(99) near 0.1455 acting as solid higher-timeframe support
Recent pullbacks were shallow → buyers clearly in control
Volume remains healthy, supporting continuation potential
📌 Key Levels to Watch:
Resistance: 0.167 – 0.169
Major Resistance: 0.172 – 0.176
Support: 0.160 – 0.157
Strong Support: 0.150 – 0.146
📈 Bullish Scenario:
A clean break and hold above 0.167 could trigger continuation toward 0.172–0.176.
📉 Pullback Scenario:
If price loses 0.160, a controlled retrace toward 0.155–0.150 would still keep the bullish structure intact.
⚠️ Reminder: Momentum is strong, but always wait for confirmation near resistance.
💬 Are you expecting continuation from here or waiting for a pullback entry?
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