The DeFi market is heating up again and $ALCX is grabbing massive attention!
In the last 24 hours, $ALCX surged nearly 64%, reaching around $7.06 with trading volume exploding to more than $55M. Such a sharp move often signals strong momentum and increased market participation.
📊 Smart money activity is another bullish sign.
Top traders are showing a 100% buy bias with an impressive 5.3:1 buy-to-sell ratio, which indicates strong accumulation. Most of this buying activity occurred between $6.94 and $7.60, suggesting traders see value in this range.
However, there is also a small distribution signal. Data shows a net outflow of around $3,387, which may mean some large holders are taking short-term profits after the rapid rally. This is normal after such a strong pump.
📈 Technical indicators are mixed but promising:
• RSI shows bullish momentum
• MACD is still neutral and waiting for confirmation
• Volume has jumped 169%, supporting the breakout move
👀 Key levels to watch:
• Resistance: $7.50 – a breakout here could trigger another rally
• Support: $6.94 – losing this level may bring short-term correction
• Next potential target: around $7.70+
If the market maintains buying pressure and sentiment stays positive, $ALCX could continue its momentum in the DeFi sector.
⚠️ Always manage risk and trade smart — volatility creates both opportunity and risk.
