$ACH /USDT: Will the Bulls Step Back In?
YFIUSDT
Perp
0.02456
-8.04%
$ACH is currently trading at $0.04614, showing a modest recovery of 1.85% over the past 24 hours. With a 24-hour high of $0.05859 and a low of $0.04407, the price is hovering near oversold levels, as indicated by the RSI of 18.
Key Levels to Watch:
Resistance: $0.04800 – A breakout above this could push ACH to $0.05000 and $0.05250.
Support: $0.04400 – A breach below may lead to a drop toward $0.04250 or $0.04000.
Trade Setup:
Long Entry: Above $0.04650, targeting $0.04850 and $0.05000.
Short Entry: Below $0.04400, aiming for $0.04200 and $0.04000.
Market Insights:
The MACD indicates bearish momentum, while the RSI suggests potential for a rebound. Traders should wait for confirmation of a breakout or breakdown before taking action.