$ACX /USDT Market Analysis Update 💯🔥

Current Price: $0.5768 (+13.95%)

24H Range: $0.4842 - $0.6580

24H Volume: 55.55M ACX

Short-Term View:

The ACX/USDT pair is displaying consolidation near $0.5768 after a sharp retracement from $0.6580. The market is seeking stability around this support, setting the stage for the next potential breakout.

Key Levels to Watch:

• Resistance: $0.6200 (short-term) and $0.6580 (swing high).

• Support: $0.5400 (critical demand zone) and $0.4840 (24-hour low).

Trade Opportunities:

• Long Entry: Above $0.6000 with targets at $0.6200 and $0.6580. Stop-loss: $0.5760.

• Short Entry: Below $0.5400 targeting $0.5000 and $0.4840. Stop-loss: $0.5600.

Market Next Move:

• A bullish breakout above $0.6000 could drive the price towards $0.6580, fueled by increasing volume.

• A bearish breakdown below $0.5400 might signal extended correction towards $0.4840.

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