$ACX
/USDT Strong Dip Move Confirm 💯 💫 Ready for next move 💯
Current Price: $0.6067 (-1.51%)
24h High/Low: $0.6316 / $0.5955
24h Volume: 18.04M ACX | 11.03M USDT
Recent Change (30m): -$0.0039 (-0.64%)
Technical Analysis and Trade Strategy
Trend: Bearish pullback after recent high, price testing support levels near $0.595.
Indicators:
EMA (20, 50): Slightly bearish, with price testing the lower EMA boundary.
RSI: 42, indicating a neutral to slightly oversold condition.
Volume: Relatively low, suggesting lack of strong buying interest.
Trade Strategy:
Entry Zone: $0.595–$0.600 (ideal entry near $0.595 for support confirmation).
Targets 🎯:
1. $0.6200 – Short-term recovery target, previous resistance.
2. $0.6350 – Mid-term resistance, aligns with recent highs.
3. $0.6500 – Long-term breakout target if bullish momentum resumes.
Stop-Loss: Below $0.5900 to protect against further downside.
Watch for volume spikes and RSI rebound for signs of a potential reversal at support levels.
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