$ALCH – Triangle Breakout Watch!

https://www.tradingview.com/x/g5WcVpcr

ALCHUSDT

After weeks of tight consolidation, Price has finally broken out of the symmetrical triangle on the 1Day chart! 📈
This could be the ignition spark for a new bullish leg.

📊 Technical Overview:

🔹 Structure: Symmetrical Triangle
🔹 Breakout Zone: ~$0.154
🔹 Previous Resistance: $0.160
🔹 Key Highs: $0.17 → $0.20 → $0.24

This move shows increased bullish momentum and volume at breakout — a strong continuation pattern!

🟢 Resistance Zones:
• $0.160 – immediate test
• $0.175 – mid-May peak
• $0.200 – psychological mark
• $0.240 – local high

🔴 Support Zones:
• $0.140 – triangle top retest
• $0.130 – breakout invalidation


• Sustained move above $0.160 = bullish continuation
• Triangle retest could offer strong entry zones

#ALCH is waking up after months of compression — eyes on volume and follow-through! 🚀