Technical analysis by Bithereum_io about Symbol ALCX on 12/4/2025

#ALCX is moving inside a descending triangle on the 8H timeframe chart. The price is trading above the SMA50 and inside the Ichimoku cloud. The RSI is signaling the possibility of upward movement. Keep an eye on it. In case of a breakout above the triangle resistance, the potential targets are: 🎯 $12.51 🎯 $13.38 🎯 $14.63 🎯 $16.22 ❌ Invalidation: an 8H candle closing below the support zone. ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.