$ALICE /USDT is currently under strong bearish pressure, with the price down by over 10% in the last 24 hours, dropping to a low of 0.424 before a slight rebound to 0.429. The chart shows a clear breakdown below the mid-Bollinger Band, and the price is now hugging the lower band, indicating potential oversold conditions. However, the MACD remains in negative territory, confirming the downward trend and suggesting that bearish momentum is still strong. Traders should wait for a confirmed reversal signal or a solid hold above 0.430 before considering any long positions, as entering too early could lead to further losses. Caution is advised in the current market structure.

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