🚨 $ALICE
USDT BEARISH BREAKDOWN – DOWNWARD MOMENTUM ACCELERATES 🚨
$ALICEUSDT continues its relentless bearish slide, down -5.72% today with no signs of reversal yet. Sellers are dominating as price breaks into new local lows, keeping downside targets active.
🔑 Key Levels:
Resistance: $0.3800 – $0.3900 (recent breakdown and rejection zone)
Current Price: $0.3691
Support: $0.3684 (24h low), with further downside towards $0.3500 if momentum continues
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📉 Trade Setup (Short):
Entry Zone: $0.3690 – $0.3720 (confirmation below $0.3720)
Take Profit 1 (TP1): $0.3600
Take Profit 2 (TP2): $0.3500
Stop Loss (SL): $0.3820
🌐 Market Outlook: The hourly structure remains bearish with consistent lower highs and lower lows, indicating strong seller conviction. As long as price remains below $0.3800 resistance, bearish targets stay valid.
⚠️ Risk Management: Always trade with proper position sizing – risk only 1-2% of your portfolio per trade. Set stop loss immediately upon entry to avoid unexpected reversals in volatile markets.
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buy and trade here on $ALICE