Short Trade Signal for $ALICE /USDT

**Entry:** Consider entering a short position around the current price of $0.943.

**Stop Loss:** Place a stop-loss order slightly above the 24-hour high at $0.985 to minimize potential losses.

**Targets:**

- First target: $0.863 (recent support level)

- Second target: $0.839 (next significant support level)

**Reason:** The price of ALICE/USDT has shown a downward trend with a 4.26% decrease in the last 24 hours. The trading volume is relatively high, indicating strong selling pressure. The technical indicators (MA, EMA, BOLL) suggest a bearish momentum, making it a potential candidate for a short trade.

**Risk/Reward Ratio:** Calculate the risk/reward ratio based on the distance between the entry price and the stop-loss versus the target prices. Ensure the ratio is favorable before entering the trade.

**Tip:** Always monitor the market for any sudden changes in volume or price action that could indicate a reversal. Use trailing stops to lock in profits if the price moves in your favor.

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