ALICE 1H level experienced a violent surge of over 30% yesterday and is currently in a high-level consolidation phase to digest the gains. The 4H level confirmed an upward trend with a strong bullish candle, and the current price retraced to the upper boundary of the bullish candle and near the 1H EMA20 (0.1241). This is the first retracement after a classic strong breakout, offering an excellent opportunity for a second entry. The negative funding rate (-0.1874%) combined with firm price action creates a short squeeze setup, and stable open interest indicates that long positions have not exited in large numbers.
🎯Direction: Long (Long) ⚡Entry/Order: 0.136 - 0.138 🛑Stop Loss: 0.128 🚀Target 1: 0.150 🚀Target 2: 0.158 🛡️Trade Management: - Position Size: Light - Execution Strategy: After the price reaches 0.150, reduce position by 50% and move the stop loss to the entry price of 0.138. Hold the remaining position for the second target; if the price falls below 0.138, exit all. Depth Logic: The surge in 4H buy volume indicates institutional entry, not just retail FOMO. The 1H RSI (70.36) has pulled back from overbought territory, signaling a healthy correction. Market depth shows buy orders (0.128-0.135) are stacked significantly more than sell orders (0.139-0.145), indicating strong support below. In a negative funding rate environment, the price resists deep correction, as bears continue to pay fees, creating potential fuel for a short squeeze. The current retracement is a key point for momentum continuation. View real-time market 👇#Gate广场发帖领五万美金红包 $ALICE
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ALICE 1H level experienced a violent surge of over 30% yesterday and is currently in a high-level consolidation phase to digest the gains. The 4H level confirmed an upward trend with a strong bullish candle, and the current price retraced to the upper boundary of the bullish candle and near the 1H EMA20 (0.1241). This is the first retracement after a classic strong breakout, offering an excellent opportunity for a second entry. The negative funding rate (-0.1874%) combined with firm price action creates a short squeeze setup, and stable open interest indicates that long positions have not exited in large numbers.
🎯Direction: Long (Long)
⚡Entry/Order: 0.136 - 0.138
🛑Stop Loss: 0.128
🚀Target 1: 0.150
🚀Target 2: 0.158
🛡️Trade Management:
- Position Size: Light
- Execution Strategy: After the price reaches 0.150, reduce position by 50% and move the stop loss to the entry price of 0.138. Hold the remaining position for the second target; if the price falls below 0.138, exit all.
Depth Logic: The surge in 4H buy volume indicates institutional entry, not just retail FOMO. The 1H RSI (70.36) has pulled back from overbought territory, signaling a healthy correction. Market depth shows buy orders (0.128-0.135) are stacked significantly more than sell orders (0.139-0.145), indicating strong support below. In a negative funding rate environment, the price resists deep correction, as bears continue to pay fees, creating potential fuel for a short squeeze. The current retracement is a key point for momentum continuation.
View real-time market 👇#Gate广场发帖领五万美金红包 $ALICE