My Neighbor Alice (ALICE), a popular gaming/metaverse token, is showing signs of recovery after a prolonged downtrend. The token has bounced back from recent lows and is now testing a critical resistance level that could decide its short-term trajectory.
๐ Technical Analysis
On the 4H chart, ALICE has shifted from a bearish trend to a short-term bullish move, climbing from the $0.3470 support area toward the $0.4258 zone. Key resistance lies at $0.4444, followed by $0.4796. A breakout above these could open the path toward the $0.5067 peak. Support levels are now at $0.4083 and $0.3741.
The RSI sits near 65, indicating strong momentum but nearing overbought territory. Volume has shown a slight uptick, supporting the recent push. Moving averages on the 5 and 10 periods suggest bullish crossover tendencies, reinforcing the upside bias.
Short-term outlook: Bullish, but watch resistance pressure.
๐ฐ Market Data & News
Price: $0.4258 (+0.05% 24h)
24h High/Low: $0.4302 / $0.4053
Trading Volume: 2.63M ALICE
No major news updates in the last 24h, but broader gaming sector sentiment has been mildly positive, aiding ALICEโs recovery momentum.
๐ Scenario Breakdown
Bullish Case: Break and close above $0.4444 with strong volume could trigger a rally toward $0.4796โ$0.5067.
Bearish Case: Rejection at current resistance and a drop below $0.4083 could push price back toward $0.3741.
๐ Sentiment Meter
๐ Bullish Momentum โ Buyers stepping in with improving volume.
โ ๏ธ Risk Level
๐ก Medium โ Positive signals are forming, but resistance rejection is still a risk.
Whatโs your play if ALICE breaks $0.4444 or drops below $0.4083? Drop your strategy below ๐
๐ฌ ๐ฏ Drop your chart view below ๐
๐ฌ ๐ข Comment your bias: Bullish or Bearish?
โค๏ธ Like ๐ | Share ๐ค | Follow ๐ @The_Crypto_Malik for daily 4H insights
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๐ข Not financial advice. Always DYOR and manage your risk.