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$ALICE/USDT Trade Insight – Current Price: $0.4708
🎯 Target 2:
Projected move to $0.5100, with a breakout above the ~$0.50 resistance potentially pushing price toward the $0.51–$0.52 range.
🎯 Final Target:
$0.5750–$0.5800, in line with mid-term bullish projections, aiming for around $0.576 by March 2025.
⚙️ Risk Management Strategy:
Limit risk exposure to 1–2% of total capital per trade.
Determine position size using the gap between entry price and stop-loss.
🔒 Stop-Loss Zone:
Just below strong support at $0.4750, or
A 4H candle closing below $0.4700–$0.4720, as protection against deeper retracements.
📥 Entry Strategy:
Ideal entries between $0.4800–$0.4920 via limit orders.
Confirm entry only after a successful hold above the short-term trendline or 100-period moving average.
📈 Profit Strategy:
Lock in partial profits once the second target is reached.
Move stop-loss to breakeven or trail it below higher swing lows.
🔊 Volume Watch:
Strong volume on breakout from wedge formation and 100-MA support enhances the bullish case—watch for this before entering.
🌐 Macro Conditions:
Monitor Bitcoin and overall crypto market trends, as $ALICE is closely tied to broader market sentiment.
#Write2Earn
$ALICE
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