$ALICE – Relief Bounce or Reversal? 🎯
Current Price: $0.128 (bounce from $0.11 support)
Key Support: $0.11 / $0.107
Key Resistance: $0.135 / $0.18 (descending trendline / prior breakdown zone)
Why:
· Buyers defended $0.11 support, triggering a small bounce.
· Price is still capped under a long-term descending trendline.
· A break of the trendline (above $0.135–$0.18) could flip structure bullish.
· Lose $0.11 again = weakness returns fast.
The Play:
· Bounce Play: Long on hold above $0.11, targeting $0.135–$0.18. SL below $0.107.
· Breakout Play: Wait for daily close above the trendline before adding.
· Bearish: Breakdown below $0.11 invalidates bounce and opens lower.
This is where things usually start getting interesting. 👀
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Trade hare 👇$ALICE
