🚀 $ACX /USDT: TESTING KEY LEVELS – BREAKOUT OR RETRACEMENT? ⚡
The $ACX/USDT pair is currently trading at 0.5895, sitting near crucial support and resistance levels. Traders should watch closely for potential breakout signals or retracements.
📊 Trade Scenarios:
Entry Point: 0.5895
Take Profit (TP 1): 0.6100
Take Profit (TP 2): 0.6300
Take Profit (TP 3): 0.6500
Stop Loss (SL): 0.5700
Support is located at 0.5700, while resistance is at 0.6100. A breakout above 0.6100 could lead to further gains, targeting 0.6300 and 0.6500. However, a drop below 0.5700 may signal a bearish retracement.
📉 Market Outlook:
ACX is holding above 0.5700 support, suggesting bullish potential if it clears 0.6100 resistance. A breakout could confirm upward momentum, while failure to hold support may result in a pullback.
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