$ACA /USDT Technical Analysis Report
Current Price: 0.0806 USDT (+11.17%)
Key Information:
- **24h High:** 0.0825 USDT
- **24h Low:** 0.0678 USDT
- **24h Volume (ACA):** 68.61M
- **24h Volume (USDT):** 5.13M
- **Market Sentiment:** Bullish (+17.49% in Rs)
Trading Data:
Timeframes:
- **15 Minutes**
- **1 Hour**
- **4 Hours**
- **1 Day**
Recent Performance:
- **7 Days:** +10.43%
- **30 Days:** +34.17%
- **90 Days:** +2.81%
- **180 Days:** -25.67%
- **1 Year:** -14.45%
Order Book:
- Bid/Ask Ratio: 51.05% / 48.95%
- Significant Buy Orders: 17,165.85 at 0.0805 USDT, 19,480.27 at 0.0803 USDT
- Significant Sell Orders: 21,483.09 at 0.0807 USDT, 18,340.43 at 0.0808 USDT
Technical Indicators:
Moving Averages (4H Chart):
- 200 MA: Below the current price, indicating a bullish trend.
- *50 MA:* Crossing above the 200 MA, known as a "Golden Cross", which is a strong bullish signal.
RSI (Relative Strength Index):
- **Current RSI:** 70 (in the overbought territory but still showing strength)
MACD (Moving Average Convergence Divergence):
- **MACD Line:** Above the Signal Line and moving upwards, reinforcing the bullish momentum.
Price Analysis:
The ACA/USDT pair has seen a significant upward movement recently, crossing above key resistance levels. The price is currently testing the 0.0806 level, which, if sustained, could lead to further bullish momentum.
Support Levels:
1. 0.0750 USDT
2. 0.0700 USDT
*Resistance Levels*
1. 0.0850 USDT
2. 0.0900 USDT
Conclusion & Trading Signal:
Based on the analysis, ACA/USDT is currently in a bullish trend. The strong buy orders, positive moving average indicators, and bullish MACD signal suggest that the price could continue to rise in the short to medium term.
Bullish Signal: Consider entering a long position if the price sustains above 0.0806 USDT with a target of 0.0850 USDT and 0.0900 USDT. Place a stop-loss order below the support level at 0.0750 USDT to manage risk.
Hashtags:
#ACATechAnalysis #CryptoSignals #BullishTrend #Write2Earn! #SOFR_Spike
