$ALICE traded quietly in the $0.110–$0.140 range for almost a week before making a sharp breakout, rallying to nearly $0.250, then quickly reversing and pulling back to around $0.1995.
Right now, it’s hovering just above the $0.165–$0.175 support zone, which sits at the base of that recent move. This level is important—holding it keeps the possibility of recovery alive. If it breaks, price could fall back into the previous consolidation range.
As long as $0.165–$0.175 holds, a move back toward the $0.230–$0.250 highs remains possible. But losing that support would signal that the rally has fully unwound, with price likely returning to a slower, sideways grind.
The market shifted rapidly from low volatility to a sharp spike and reversal. Until ALICE can stabilize and build a stronger base above $0.200–$0.210, any bounce off support should be approached cautiously rather than assumed to be the start of another upward leg.
#AliceKeysofPower #MacroInsights #AltcoinSeason #Alice
Right now, it’s hovering just above the $0.165–$0.175 support zone, which sits at the base of that recent move. This level is important—holding it keeps the possibility of recovery alive. If it breaks, price could fall back into the previous consolidation range.
As long as $0.165–$0.175 holds, a move back toward the $0.230–$0.250 highs remains possible. But losing that support would signal that the rally has fully unwound, with price likely returning to a slower, sideways grind.
The market shifted rapidly from low volatility to a sharp spike and reversal. Until ALICE can stabilize and build a stronger base above $0.200–$0.210, any bounce off support should be approached cautiously rather than assumed to be the start of another upward leg.
#AliceKeysofPower #MacroInsights #AltcoinSeason #Alice