š ALICE/USDT Trading Signal Analysis š
The current market price for ALICE/USDT is $1.105, showing a slight dip of -1.25%. However, market momentum is mixed, presenting potential entry points for both long and short trades.
š Long Entry:
Entry Point: $1.10 ā $1.11 (Price just above the MA(7) and close to MA(25), signaling potential upward momentum)
Target: $1.128 (Previous resistance level) or even $1.14 (24h High)
Stop Loss: $1.07 (Below the recent low of $1.044, to limit downside risk)
Indicators: The crossing of MA(7) over MA(25) suggests a possible bullish trend in the short term.
š Short Entry:
Entry Point: $1.128 ā $1.13 (Near resistance levels, with potential to reject and drop back)
Target: $1.07 ā $1.05 (Aiming for support near recent low levels)
Stop Loss: $1.14 (Above the 24h high)
Indicators: The 24h high at $1.14 might act as a resistance if buyers fail to push through.
This chart shows mixed signals, so staying aware of volume changes and moving averages is crucial. Trade carefully and set your stops accurately to manage risk!
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