📢 $ALICE / USDT | 🔴 SHORT | ⭐ 75%
🎯 Target: $0.13049625. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.1328
🛑 Stop Loss: $0.13408
🏁 TP1: $0.130496
🏁 TP2: $0.129216
🏁 TP3: $0.127681
📈 Analysis:
The market structure shows a clear downtrend across multiple timeframes, confirmed by lower highs and support breaks. Selling pressure is backed by a 41.2% increase in trading volume, suggesting active interest in continuing the downward move. In addition, the MACD momentum indicator remains in bearish territory, reinforcing the asset's current weakness.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs (LH) indicates that the price is struggling to rise, which is a common sign of weakness in a bearish structure.
#crypto #ALICE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.
🎯 Target: $0.13049625. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.1328
🛑 Stop Loss: $0.13408
🏁 TP1: $0.130496
🏁 TP2: $0.129216
🏁 TP3: $0.127681
📈 Analysis:
The market structure shows a clear downtrend across multiple timeframes, confirmed by lower highs and support breaks. Selling pressure is backed by a 41.2% increase in trading volume, suggesting active interest in continuing the downward move. In addition, the MACD momentum indicator remains in bearish territory, reinforcing the asset's current weakness.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A pattern of lower highs (LH) indicates that the price is struggling to rise, which is a common sign of weakness in a bearish structure.
#crypto #ALICE #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.
