$ALICE / USDT
Current price around 0 point 11 to 0 point 12 USDT with weak momentum and overall sell trend in short term �
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Market trend
#Price still in downtrend on higher timeframe with heavy yearly drop showing weak structure �
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Support zone
0 point 10 strong support
0 point 08 major support if breakdown
Resistance zone
0 point 13 first resistance
0 point 15 strong resistance
Indicators
#RSI near neutral to weak shows no strong buying pressure �
Technical rating overall sell on weekly and monthly �
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Short term outlook
Market slightly sideways to bearish
Possible small bounce but overall pressure still down
Trade setup
Entry
0 point 105 to 0 point 115
Take Profit
TP1 0 point 13
TP2 0 point 145
TP3 0 point 16
Stop Loss
0 point 095
Alternative short setup
Entry
0 point 13 rejection
Take Profit
0 point 11
0 point 10
Stop Loss
0 point 145
Conclusion
ALICE still weak coin in market better for short term trades not long hold unless strong breakout above 0 point 15 occurs
