$ACX /USDT Technical Analysis - Decoding the Price Action 🎯
🔹 Current Price: $0.5813
🔹 24h High: $0.6523
🔹 24h Low: $0.5550
As the market remains volatile, let's dive deep into the technical analysis of the ACX/USDT pair.
Key Levels to Watch:
1️⃣ Target 1: $0.6000
A bounce back towards the $0.6000 resistance could mark a potential reversal, especially if the buying pressure increases. Watch for breakouts above this level for a more bullish outlook.
2️⃣ Target 2: $0.6300
If the price continues to push higher, $0.6300 becomes the next significant level of resistance. A break above this zone could signal a continuation of the upward trend.
3️⃣ Target 3: $0.6523
The 24h high of $0.6523 remains a critical level. If this price is breached, we could see a more substantial rally toward higher highs. However, be cautious of any potential pullbacks around this point.
Market Sentiment:
With the recent price correction, there is a chance for ACX to test the lower levels like $0.5550 again. Watch for any significant reversal patterns for potential buying opportunities.
📊 Keep a close eye on these levels for possible trade setups, and remember to always manage your risk effectively!