🟩👈$ALICE Strong upward momentum, but the Relative Strength Index (RSI) is in overbought territory, and the price is moving away from its moving averages. We await a liquidity correction or a retest of the entry point.
Trend: Buy (on correction)
Entry Zone: $0.122 - $0.125
Stop Loss: $0.117
TP1: $0.133
TP2: $0.138
TP3: $0.145
The market is currently experiencing a liquidity battle. Sellers are defending the $0.136 high, attempting to form a double top to trap traders buying on a breakout. Meanwhile, buyers are absorbing the selling pressure, as evidenced by continued volume and the price holding above the weighted average.
Momentum indicators suggest overbought conditions on smaller timeframes, which could lead to a momentary pullback to trigger stop-loss orders below $0.125. The true buying liquidity is concentrated above $0.136. Upon breaking through this level, we may see a rapid upward expansion as short positions are liquidated. Don't miss this opportunity!👇👇👇👇🟩🟩🟩
mansoor777👆👆👆👆🟩🟩🟩