Analyzing $ACX 's recent price movement, with a short liquidation of $13,949 at $0.62265, suggests a potential upward trend. To navigate this opportunity, consider the following strategy:

Buy Zone: Enter between $0.60 and $0.63, aligning with recent support levels.

Target: Aim for $0.70, near the previous resistance, offering a favorable risk-to-reward ratio.

Stop Loss: Set at $0.58 to limit potential losses if the price declines.

Additional Considerations:

Technical Indicators: Utilize tools like moving averages and the Relative Strength Index (RSI) to confirm entry points.

Supply and Demand Zones: Identify these areas to understand potential price reversals.

Market Conditions: Stay informed about broader market trends that could impact ACX's price.

Remember, trading involves risks. It's essential to conduct thorough research and consider your financial situation before making investment decisions.

For a practical demonstration of planning trades, you might find this tutorial helpful:

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