💎 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.
💎 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.
💎 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.