$ALICE 🚀🔥 MyNeighborAlice (ALICE) Big Sellers at Market: Downside Pressure Intensifies 📉⚠️

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🦑🦑MyNeighborAlice (ALICE) is under heavy selling pressure as big sellers dominate the market, driving persistent weakness across multiple timeframes 🌪️🎯. After failing to hold support near $1.20, ALICE has formed a clear downtrend, with each bounce quickly met by aggressive liquidation 🪓🍂. On-chain metrics confirm sustained distribution, as whale wallets have been consistently reducing exposure over the last two weeks 🐍📦.

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🎈🎈Momentum indicators remain bearish. The Relative Strength Index (RSI) has dropped to 34, showing sellers firmly in control and little sign of relief buying 📉🧭. MACD continues to print deeper red histograms, and daily moving averages are rolling over in alignment with the broader downtrend ⚙️🎢. Trading volume has surged on red candles, confirming significant participation on the sell side 🪁🍇. Derivatives funding rates have slipped negative, and open interest is building steadily, indicating traders are preparing for more downside 🌵🔥. If ALICE breaks below $1.10 support with conviction, price could quickly test the next key zone around $1.00–$1.02 🚧🧊.

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🪴🪴Fundamentally, MyNeighborAlice remains active in the gaming and metaverse space, with new development updates and ecosystem growth 🌈📡. Still, near-term technical weakness and broader market caution are overwhelming any bullish catalysts 🦥🌫️.

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🐢🐢Traders should watch the $1.10 level carefully. A decisive break with strong volume could accelerate further declines, while a swift bounce back above $1.20 may trigger short-term relief. Stay disciplined and manage positions closely as volatility increases 📊⚡.