$ACA $ACA $ACA
ACA/USDT Trading Strategy
Key Levels
Immediate Resistance (Target 1): $0.0848
Secondary Resistance (Target 2): $0.0864
Immediate Support (Stop Loss): $0.0752
Critical Support: $0.0642
Extended Support: $0.0591
Trading Plan
Entry Zone: $0.0800 to $0.0830
Look for a bounce near $0.0800 with consolidation to confirm strength.
Targets:
Target 1: $0.0848 (24h high)
Target 2: $0.0864 (extended breakout level)
Extended Target: $0.0900 (if momentum continues)
Stop Loss:
Tight stop: $0.0752 for short-term trades.
Wider stop: $0.0642 for swing trades.
Risk Management
Leverage: Use moderate leverage (e.g., 3x–5x) to limit risks.
Risk-to-Reward Ratio: Ensure at least 1:2 ratio for profitability.
Market Analysis
Momentum: ACA is up 41.08% with strong DeFi sector interest.
Volume: 24-hour volume is significant (586.21M ACA, 43.08M USDT) showing strong participation.
A breakout above $0.0864 could lead to further upside, while a breakdown below $0.0752 may signal a retracement toward $0.0642 or $0.0591.
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