ALICE has listed on Binance a mere two days ago. From the moment it got listed, there was already great interest in this coin. Traders bought up ALICE immediately, causing a strong exponential rise that we often see with new listings.
After peaking, the price fell substantially. Over the last day or so it seems that ALICE has found a local bottom around $15.60, this trade is based on that idea. We're placing the entry at 15.60 and try to ride the bounce up.
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