$ACX /USDT
The price of $0.5667 shows a 5.04% decline, with strong selling pressure evident. The chart forms a descending channel, signaling bearish continuation.
Recommendations:
1. Long Entry: $0.5500 (if price retests the lower channel support).
2. Target: $0.6000 (upper channel boundary).
3. Stop Loss: $0.5400.
Next Move:
Expect a bearish continuation unless it breaks $0.6000, which would trigger a bullish reversal. Watch for volume confirmation.