ALICE/USDT In the crucial Moment, Bounce or Dumping will coming!

💎 In the current market scenario, ALICE has shown a commendable bounce from its support bullish trendline. However, its next crucial challenge is to sustain above the resistance level in the daily closing candle. If ALICE is unable to maintain its position above this resistance level, it could validate a false breakout, potentially leading to a breakdown of the support bullish trendline.

💎 On the other hand, if ALICE manages to close the daily candle above the resistance level, it could signify a continuation of its upward trajectory. This would be in line with the current bullish trend observed in ALICE, characterized by its tendency to create higher highs. Successfully closing above the resistance may set ALICE on a path to achieve new highs, aligning with our target area.

💎 A critical scenario to watch out for is if ALICE breaks below its support bullish trendline. Should this occur, ALICE's next key support level to watch would be around $1.088. This level is pivotal for maintaining the bullish trend. A breach of this support could signify a shift in momentum, turning the market trend bearish for ALICE. This would potentially lead to a further decline, with ALICE targeting lower levels of strong support.

Trade closed: target reached:

Just as predicted, #ONG's up a smooth 101.59%!