#ALICE/USDT

50
#ALICE

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.4560.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 0.4835
First target: 0.5028
Second target: 0.5263
Third target: 0.5533

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