Alchemist AI narxALCH

AlchemyPay ($ALCH ) has been on a strong uptrend, but a Rising Wedge pattern is forming—a potential bearish reversal signal! Will the bulls maintain control, or is a correction incoming? Let’s analyze the key levels and potential scenarios. 📊 Key Levels to Watch: 🔼 Resistance: $0.045 - $0.046 (Breakout zone) 🔽 Support: $0.042 (Critical level—break below could trigger a drop) Potential Scenarios: Bullish Breakout: If ALCH can flip $0.046 into support, we could see a strong continuation rally, pushing towards $0.050+ in the short term. A surge in buying volume would confirm this move. Bearish Breakdown: If ALCH fails to hold above $0.042, the wedge could break downward, leading to potential support retests at $0.038 - $0.035. A drop in volume and RSI divergence would confirm weakness. Trading Strategy: ✅ Long above $0.046 with volume confirmation 📈 ✅ Short below $0.042 for a retest of lower supports 📉 ✅ Set stop-losses & manage risk carefully! Keep an eye on volume and breakout confirmations before making a move.

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ALCH sell now it will drop 🥱

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hold guys