After rising 5% on Tuesday, is Alice ready for a rally?

The My Neighbor Alice token (ALICE / USD) hit a high of over 5% on Tuesday. After trading in a tight range for the past week, it looks like a rebound may be coming soon. Alice is a coin with some great tokenomics. It is a gamified finance-based token. It has multiple features such as "play to earn," buying in-game items, staking rewards, and governance. Alice saw a steep rally in November, with the price skyrocketing from $ 10 to almost $ 30. However, Alice was unable to sustain the rally and fell straight back to where the rally started. It looks like Alice will soon make one more attempt to break the previous high, what could be seen shortly. So should you buy Alice now?

Alice fell sharply after a huge rally in November but has found support since the start of the previous rally which is a positive sign.
Alice has been trading in a tight range for the past few days, suggesting it is building up for a big move.
The RSI also formed a bullish divergence which is a sign of an imminent breakout.
Alice has taken support from the 200 day moving average and is showing signs of reversing from the USD 11 support zone.
It looks like Alice will soon rebound towards the USD 16 resistance. Hence, investors can set this value as their first goal.
Investors need to be careful as Alice could still break out of support levels. Therefore a stop loss has to be defined.
Investors can also wait for volumes to rise, which confirms Alice's bullish bias.
After $ 16, Alice could hit $ 24 in the coming months. However, investors need to keep a close eye on the price to avoid falling into a false breakout like the November one.

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