🚨 $ACX /USDT: DIPPING INTO KEY ZONES – A BIG MOVE AHEAD? 🚨
ACX is trading at $0.5834, down 6.42% over the last 24 hours. After hitting a high of $0.6444, the price has retraced, bringing it closer to a key support level. With significant trading volume, the market appears to be gearing up for its next direction.
Key Levels to Watch:
Support: $0.5550 – Holding this level is essential to prevent further bearish momentum.
Resistance: $0.6440 – Breaking this level could trigger a rally.
Trade Setup:
Entry Point: Around $0.5834
Targets:
1. $0.6100 (short-term recovery)
2. $0.6300 (next resistance test)
3. $0.6500 (breakout target)
Risk Management:
Stop-loss: $0.5500 – Protect your downside in case of further dips.
Market Insight:
ACX’s consolidation within this range hints at a possible bounce or breakdown. Keep a close eye on the support level at $0.5550 and resistance at $0.6440 to identify the next big move.