$ACX Analysis

$ACX is trading at $0.5814, showing a 4.50% decline in the last 24 hours. The price appears to be consolidating near a critical support zone after a series of lower highs, suggesting a potential continuation of the downtrend unless support holds.

🔑 Key Levels to Watch:

Resistance: $0.6000 – Potential upward targets: $0.6100, $0.6200.

Support: $0.5750 – Potential downward targets: $0.5650, $0.5500.

📈 Trade Setup:

Long Entry: Above $0.6000 with targets at $0.6100 and $0.6200.

Short Entry: Below $0.5750 with targets at $0.5650 and $0.5500.

⚠️ Stop-loss:

Long: Below $0.5750.

Short: Above $0.6000.

With $ACX nearing its support, traders should watch for a decisive breakout or breakdown to signal the next significant move.

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