【$ALICE Signal】Long + Confirmation of strong breakout on 1H timeframe

$ALICE The 1H timeframe experienced a violent surge of over 30% yesterday and is currently consolidating at a high level to digest the gains. The price is hovering around 0.139, with the 1H candlestick retracing above the EMA20 (0.1241), which is a healthy correction in a strong trend. A single large bullish candle on the 4H chart confirms a trend reversal. The current candle closes at 0.139, stabilizing above the previous dense trading zone, indicating an intact bullish structure. Negative funding rate (-0.1874%) contrasts sharply with the firm price, suggesting potential short squeeze.

🎯 Direction: Long (Long)

⚡ Entry/Order: 0.136 - 0.138

🛑 Stop Loss: 0.126

🚀 Target 1: 0.150

🚀 Target 2: 0.158

🛡️ Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching 0.150, reduce position by 50% and move stop loss to entry price 0.138. Hold remaining position for the second target. If the price retraces and breaks below 0.138, exit all positions.

Deep logic: Yesterday’s volume breakout was accompanied by stable open interest (OI), indicating it’s not just a short squeeze but also supported by main players. The 1H RSI (70.36) is high but not in extreme overbought territory, leaving room for further upside. Market depth data (bid_ask_ratio_depth: 1.37) favors buy orders over sell orders. Dense orders in the 0.130-0.135 range below provide strong support. Currently, this is a retracement confirmation point at the early stage of trend initiation, with a favorable risk-reward ratio.

View real-time market 👇 $ALICE

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