ACH/USDT 2D — Major Breakout or Fakeout?

The chart of Alchemy Pay on the 2D timeframe is showing a very interesting technical structure after spending months moving below a major descending trendline resistance.

At the moment, price action is attempting to break out from the long-term bearish trendline that has acted as strong resistance since mid-2025. 🔍


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📊 Chart Structure Analysis

🟡 Main Pattern: Descending Resistance Breakout Attempt

For several months, the price has continued forming lower highs, creating a clear descending resistance trendline shown in yellow on the chart.

This pattern indicates:

Sellers have been dominating the market 📉

However, bearish momentum is starting to weaken

Buyers are beginning to recover from the bottom area around 0.0056


Now the price is pushing back toward the descending resistance, which has become a critical zone that could determine the next major direction.


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🟢 Bullish Scenario

If the price manages to:

Break out and close strongly above the descending trendline

Hold above the 0.0087 – 0.0094 area

Be supported by increasing buying volume 📈


Then a bullish continuation could potentially occur toward the next resistance targets:

🎯 Bullish Targets:

0.0094

0.0103

0.0124

0.0148


The 0.0103 area is an important psychological resistance because it previously acted as a major supply zone. If this level is broken, the probability of a larger recovery move increases significantly.

💡 Technically, a breakout from a long-term downtrend often becomes the early phase of a medium-to-long-term trend reversal.


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🔴 Bearish Scenario

However, if the price fails to break out and gets rejected again at the descending resistance trendline, the market could continue its bearish structure.

⚠️ Bearish signals:

Strong rejection from the trendline resistance

Candle closes back below 0.0087

Weakening volume during resistance retest


If that happens, the next downside targets could be:

0.0072

0.0064

0.0056 support low


If the 0.0056 support breaks, the medium-term bearish structure would remain valid and the market could enter a deeper distribution phase.


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📌 Conclusion

ACH is currently trading in a highly important area as it tests the medium-term descending resistance. A confirmed breakout could become the early signal of a bullish trend reversal. However, as long as there is no strong close above the key resistance, the market still carries the risk of a fakeout and rejection.

Traders should closely monitor: ✅ Breakout volume
✅ Higher timeframe candle closes
✅ Resistance turning into support during retest

Because this zone could become the starting point of the next major market move. 🚀

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