$ACX to the Moon 🚀

$ACX

/USDT Technical Analysis and Trade Strategy🎯📈

Current Overview

Current Price: $0.7977

24h High: $0.8305

24h Low: $0.7383

24h Volume:

ACX: 44.55M

USDT: 34.99M

SAR: $0.7434 (indicating potential support)

AVL (Average Volume Level): $0.7899

Technical Analysis

Trend: Bullish with a +3.13% increase.

Support Levels:

Primary: $0.7434 (SAR support)

Secondary: $0.7383 (24h Low)

Resistance Levels:

Primary: $0.8305 (24h High)

Secondary: $0.8500 (Psychological level)

Trade Setup

Long Entry Zone

Entry: Between $0.7800 and $0.8000

Look for a pullback and confirmation of support at $0.7899 (AVL).

Stop Loss

Long Stop: $0.7400 (Below SAR and 24h Low)

🎯 Target Levels for Long Trade

1. Target 1: $0.8200 (Approx. 3% Profit)

2. Target 2: $0.8305 (24h High, Approx. 4% Profit)

3. Target 3: $0.8500 (Next Resistance, Approx. 6.5% Profit)

Short Entry (If Price Reverses)

Entry: Below $0.7400

Stop Loss: $0.7700

🎯 Target Levels for Short Trade

1. Target 1: $0.7200 (Approx. 2.5% Profit)

2. Target 2: $0.7000 (Key Support Zone)

3. Target 3: $0.6800 (Deeper Support)

Strategy Execution

1. Monitor Volume: Ensure strong volume supports entry points.

2. Risk-Reward Ratio: Aim for at least 2:1 reward-to-risk ratio.

3. Trailing Stop: Lock in profits after Target 1 is reached.

This strategy accounts for both upside potential and downside protection based on current market structure.

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