🚨 $ACX /USDT Price Alert: Testing Support Amidst Weakness! 🚨

$ACX is trading at $0.5804, down -1.76% over the last 24 hours. After reaching a high of $0.6545, the price is now retreating, approaching a critical support zone. The market is at a key turning point, with potential for a rebound or further decline.

Key Levels to Watch:

Support: $0.5750 – Crucial for holding the current trend

Resistance: $0.6000 – Key level to regain bullish momentum

Trade Setup:

Entry Point: Near $0.5800 for a potential bounce

Stop-loss: Below $0.5600 to manage risk

Targets:

1. $0.6000 – Immediate recovery level

2. $0.6300 – Resistance for upward momentum

3. $0.6600 – Key target if bullish strength builds

Monitor the price action near $0.5750. A breakdown below this level could accelerate selling, while a recovery above $0.6000 may signal renewed buying interest. Manage trades cautiously as volatility remains high.

#Crypto #ACX #Write2Earn! #GrayscaleHorizenTrust #MicroStrategyInNasdaq100

$ACX