🚨 $ACX /USDT: Correction Phase with Reversal Potential 🚨
$ACX is trading at $0.5800 (-7.94%), retracing after hitting a session high of $0.5937. The price currently holds above the $0.5600 support zone, signaling a potential reversal or further consolidation.
🔑 Key Levels to Watch:
Resistance: $0.5937 (immediate), $0.6000 (psychological level)
Support: $0.5700 (near-term), $0.5600 (critical level)
📉 Action Plan:
Entry: Wait for confirmation above $0.5800
Target 1: $0.5930 (short-term recovery)
Target 2: $0.6000 (breakout)
Stop-loss: $0.5600
Volume indicates waning selling pressure, suggesting a possible bounce. Monitor closely for momentum shifts before entering.
