Market Overview for MyNeighborAlice/Tether (ALICEUSDT)

• Price advanced in a bullish trend with a decisive break above 0.3040
• RSI near overbought territory suggests possible short-term pullback
• Bollinger Bands show tightening volatility before a breakout
• Volume surged during the rally, confirming the momentum
• Key resistance appears at 0.3060–0.3070; watch for potential reversal

The price of ALICEUSDT opened at 0.2937 on 2025-09-26 12:00 ET, hit a high of 0.3080, and closed at 0.3077 as of 2025-09-27 12:00 ET. Total volume over the 24-hour period was 3,451,271.37, with a notional turnover of $1,055,267.53. The price trend shows a strong upward bias, with a clear move out of consolidation.

Structure & Formations

The past 24 hours displayed a series of bullish candle formations, including a strong green engulfing pattern in the morning session and a higher high with a strong close in the final hour. Key support levels have formed at 0.2990 and 0.2970, while resistance levels appear at 0.3060 and 0.3080. A doji formed briefly around 0.3040, indicating indecision before the final push higher.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trend higher, with the price consistently above both. On the daily chart, the 50-period MA is at 0.2998, and the 200-period MA at 0.2955, suggesting the pair is trading above its mid-term and long-term trend lines, reinforcing a bullish bias.

MACD & RSI

The MACD line is above the signal line and positive, reflecting strong momentum. The RSI is currently at 68, suggesting the market is nearing overbought territory. A pullback could be imminent if the RSI closes above 70, but the current momentum remains robust. The histogram continues to expand, indicating bullish energy.

Bollinger Bands

Price has been trending along the upper band of the Bollinger Bands, with a narrowing of the bands preceding the breakout. Volatility has since expanded, confirming the breakout as a genuine move rather than a false signal. The current price is at the upper edge of the bands, suggesting a potential overextension.

Volume & Turnover

Volume spiked during the final hours of the 24-hour period, particularly in the last candle before the close, confirming the strength of the upward move. Turnover also showed a corresponding increase, indicating that the rally is supported by substantial buying interest. No significant divergence between price and volume was observed.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing low at 0.2937 and the high at 0.3080, key retracement levels are 0.3020 (38.2%), 0.3003 (50%), and 0.2986 (61.8%). The price has tested the 38.2% level multiple times without breaking below it, suggesting strong support in that area. The 61.8% level is a critical watchpoint for any bearish reversal.

Backtest Hypothesis

Given the consistent bullish structure, rising momentum, and confirmed breakouts on strong volume, a short-term long bias is well justified. A backtest strategy could target entries above the 0.3060–0.3070 resistance zone, with stop-loss placed below 0.3040. Targets would be set at the next Fibonacci level of 0.3085–0.3100, with a maximum time horizon of 1–2 days. This setup aligns with the current technical bias, confirming both the trend and momentum as actionable signals.