🔥 Monitoring $ALICE : Are we nearing the bounce point?
Hey guys, this is my personal analysis, study the market and enter at your own risk and stick to your stop loss ⚠️
The price is currently $0.1692 and down by 3.26%- 📉
📊 Indicators: RSI(6) is at 35.29, which means the price is approaching oversold areas and we might see a technical bounce 🚀
📈 Movement: The price is currently below the moving averages (MA7, MA25, MA99) and is trying to hold above the support of $0.1687 💎
🎯 Targets (30-minute frame):
• Target 1: $0.1725 🎯
• Final target: $0.1775 🎯
• Stop loss: Breaking below the $0.1680 area and we exit immediately 🛑
⚠️ Advice: The currency is currently in a downward trend, do not enter with all your liquidity and wait for the price to stabilize above the first target! 🧐
