MyCryptoParadise

ALICE/USDT Indicating Breakout the supply and continue upward!

BINANCE:ALICEUSDT   ALICE / TetherUS
πŸ’Ž ALICE has encountered significant resistance in the supply area. If ALICE manages to successfully break out above this area with a confirmed daily candle close, the upward momentum can continue, probability leading ALICE to reach our target area.

πŸ’Ž However, if ALICE fails to break out of the supply area, there is a likelihood of price rejection, leading to a gradual downward movement toward the support area around 1.64.

πŸ’Ž ALICE must bounce back from the support area to attempt another breakout above the supply. Failure to hold the support would signal a bearish trend reversal, indicating further downward movement and possibly reaching even lower levels.

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