ALKIMI is showing a 39.73 percent gain on the leaderboard, and after the much larger moves above it, this one is interesting because it has not yet expanded to the same extreme level.
The market is clearly searching for momentum, but ALKIMI needs to prove that this move has real participation behind it. Historical trading data shows that ALKIMI has experienced very high volatility and relatively thin trading activity compared with larger cryptocurrencies, so price can move rapidly in both directions.
The first area I am watching is the pullback zone. If buyers defend that area and volume expands again, another attempt toward higher resistance becomes possible.
Support zone is around 0.00057 to 0.00061.
EP 0.00061 to 0.00066
TP 0.00081
SL 0.00056
This is not a coin I would want to chase after a sudden candle. I would rather see the market establish a base and then attack resistance with fresh volume.
ALKIMI is waking up, but the next candle needs to prove that the move has strength.
I am ready for the move
#Fed policy signals and data releases
