$ALICE Latest Updateš
1. Current Price: $1.449
2. 24h High/Low: $1.597 / $1.119
Support and Resistance Levels:
- Support Levels:
- Immediate support around the MA(7) at $1.470.
- Strong support near the MA(25) at $1.289.
- Critical support at the MA(99) around $1.113.
- Horizontal support at around $1.203, where price consolidation occurred before the recent surge.
- Resistance Levels:
- Immediate resistance at the recent high of $1.597.
- Further resistance might be encountered at psychological levels such as $1.60 and $1.65, based on recent high trading activity.
Breakout Possibilities:
- Bullish Scenario:
-If ALICE/USDT breaks above the $1.597 resistance with strong volume, it could indicate a bullish breakout, possibly leading to a new upward trend.
- Bearish Scenario:
- If the price fails to break above $1.597 and drops below the immediate support at $1.470, it could signal a potential reversal or consolidation phase.
- A fall below the MA(25) at $1.289 would indicate a more significant bearish trend.
Conclusion:
- Immediate Focus: Watch the $1.597 resistance for a breakout and $1.470 for support.
- Action Plan: If the price breaks and sustains above $1.597
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