Guys Listen to me, $ALICE Losing Strength Short Setup Building with strength
After that strong spike, ALICE has been making lower highs and slowly bleeding down. The recent bounce looks weak, more like a relief move than a real reversal.
Price is now sitting near a resistance zone around 0.16–0.165, and if this area rejects again, we can see continuation toward lower levels. Structure is still bearish unless a strong breakout happens.
This is where patience matters wait for rejection, don’t rush entries.
Trade Setup (Short):
Entry: 0.160 – 0.165
TP1: 0.145
TP2: 0.120
TP3: 0.100
SL: 0.175
If price breaks and holds above resistance, setup becomes invalid. Manage risk and avoid over-leverage.