🚀 $ACX /USDT – DeFi Gem Showing Potential! 💎
$ACX is currently trading at $0.6357, experiencing a -6.91% drop over the last 24 hours. Despite this, it's still in a solid position for potential recovery as we look for key levels to target.
📊 Key Levels to Watch:
Entry Zone: $0.6300 – $0.6350 – Strong support range after recent drop.
Immediate Target: $0.6700 – Potential resistance zone after the recent pullback.
Next Resistance: $0.7000 – The 24-hour high offers a critical resistance point.
Stop-Loss: $0.6000 – Keep a tight stop to manage risk in case of further downside.
🔑 Market Insights:
1️⃣ Volume Watch: With 49.24M ACX traded, liquidity remains strong for potential swings.
2️⃣ Support Levels: Watch for price action near the 24h low of $0.5815, which could offer a strong rebound.
3️⃣ DeFi Momentum: $ACX belongs to the DeFi sector, which has been active and volatile. The community hype around DeFi tokens could fuel future growth.
⚡ Trading Strategy:
Look for a potential breakout above $0.6700 to confirm the start of a bullish move.
Be prepared for short-term volatility. Keep your stop-loss in place to manage any downside risk.
Consider scalping smaller price swings while waiting for a larger breakout move.
🌟 Conclusion:
ACX/USDT shows resilience despite the recent drop. With DeFi trends continuing to rise, there’s still potential for a rebound as long as key support levels hold.
🔥 Follow my signals for high-reward trades! Let's capture the next DeFi rally together! 🚀
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