【$ALCH Signal】Empty Position | Rebound Meets Resistance, OI Stagnates, Wait and See
$ALCH After a single-day surge of 19%, it has entered a narrow range consolidation below the 4-hour EMA20 (0.0834), which is a typical rebound resistance pattern rather than a healthy reset. 🎯 Direction: Empty Position Market Analysis: Although the price has risen, the open interest (OI) trend remains "stable" and has not increased with the price, indicating that major funds are not continuously flowing in. The rise is mainly driven by spot buying or short covering. The funding rate (0.005%) is positive but not high in absolute value, implying low liquidation risk, but it does not constitute a strong bullish case. Hardcore Logic: The key resistance is at EMA20 (0.0834) and the previous high of 0.0857. The current price (0.0811) is testing a small support on the 4-hour chart (0.0805-0.0810), but the depth imbalance (2.97%) shows that sell orders (Asks) are more concentrated, with obvious selling pressure above. RSI (46.57) is in a neutral to weak zone, with no signs of oversold rebound momentum. Overall Judgment: Lacking trend-following signals (price
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【$ALCH Signal】Empty Position | Rebound Meets Resistance, OI Stagnates, Wait and See
$ALCH After a single-day surge of 19%, it has entered a narrow range consolidation below the 4-hour EMA20 (0.0834), which is a typical rebound resistance pattern rather than a healthy reset.
🎯 Direction: Empty Position
Market Analysis: Although the price has risen, the open interest (OI) trend remains "stable" and has not increased with the price, indicating that major funds are not continuously flowing in. The rise is mainly driven by spot buying or short covering. The funding rate (0.005%) is positive but not high in absolute value, implying low liquidation risk, but it does not constitute a strong bullish case.
Hardcore Logic: The key resistance is at EMA20 (0.0834) and the previous high of 0.0857. The current price (0.0811) is testing a small support on the 4-hour chart (0.0805-0.0810), but the depth imbalance (2.97%) shows that sell orders (Asks) are more concentrated, with obvious selling pressure above. RSI (46.57) is in a neutral to weak zone, with no signs of oversold rebound momentum.
Overall Judgment: Lacking trend-following signals (price