ALICE has officially marked a critical technical turning point, transitioning from a prolonged downtrend to a sustainable growth structure. Following a period of compression, the current chart outlines a "textbook" scenario with consistent higher highs and higher lows. This is clear evidence that active buying pressure is gaining dominance, and smart money is beginning to flow back into this asset to accumulate for a new cycle.
Looking at the technical chart, after successfully establishing a second peak, the price is undergoing a healthy retracement, closely hugging the 100-period moving average (MA100). In professional analysis, maintaining a position above the MA100 support after a breakout is an extremely positive signal, indicating that the upward momentum is supported by a solid foundation rather than being a temporary spike. Currently, this price zone offers a valuable "touchpoint" for those who missed the initial wave.
The trading strategy at this stage is quite clear. You may consider activating a Long position right at the current MA100 support to anticipate the next push. A more disciplined option is to patiently wait for the price to retest the ascending trendline for the third time – a confluence point that typically provides a powerful bounce. Should ALICE successfully establish a new higher peak as expected, the risk-to-reward (RR) ratio for this setup will be highly attractive. Maintain discipline and prioritize decisive capital management.
this is not investment advice, DYOR $ALICE $COS $GMT #Colecolen
