ALICE/USDT Bounce Significant from the Crucial support area💎 ALICE has undeniably caught our eye. At present, ALICE is showing a notable bounce after making contact with its prior critical support level. Additionally, ALICE is navigating within a descending channel pattern. The recent candlestick pattern, characterized by the 'three white soldiers' or three consecutive green candles, exudes bullish vibes for ALICE.
💎 Currently, ALICE is up against the resistance of the descending channel and needs to break through this barrier. A successful breach of this pattern could usher in a bullish phase for ALICE, potentially leading to a significant upward trajectory.
💎 To target the supply zone, ALICE requires another validation: breaking past the resistance level. Achieving this would pave the way for ALICE to comfortably reach the supply zone.
💎 However, this bullish outlook would be negated if ALICE fails to break out of the pattern and compromises its critical support. If ALICE breaches this support and the daily candle closes beneath it, it could signal a bearish turn.