šØ $ACX /USDT ALERT: WILL THE SELL-OFF CONTINUE OR REVERSE? šØ
ACX/USDT is currently trading at $0.5959, down 7.48% over the past 24 hours. With a high of $0.6679 and a low of $0.5805, the pair is testing key levels, signaling potential for either a bounce or further downside.
Key Levels to Watch:
Resistance Levels (Upward Targets):
1. $0.6300 ā Regaining this level could spark recovery.
2. $0.6679 ā Retesting the 24-hour high may attract more buyers.
3. $0.6809 ā A breakout above this level would confirm bullish momentum.
Support Levels:
$0.5805 ā Critical support; losing this level could lead to further selling pressure.
$0.5205 ā A key level for deeper retracements if bearish momentum continues.
Market Insight:
With a trading volume of 39.39M ACX, the market activity remains significant despite the decline. A break above resistance could signal a reversal, while losing support might lead to a bearish continuation.
Stay cautious and watch these levels closely for trading opportunities.
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