$ACX /USDT: Short Trade Opportunity🔥💯
Entry: $0.5250
Target 1 (TP1): $0.5100
Target 2 (TP2): $0.4950
Stop Loss (SL): $0.5400
Analysis:
ACX/USDT is trending within a descending channel on the 15-minute timeframe, indicating bearish momentum. A breakdown below the $0.5250 level signals further downside potential. If volume supports the breakdown, expect a move towards the first target of $0.5100.
Action Plan:
• Enter short near $0.5250 upon confirmation of breakdown.
• Trail the stop loss to $0.5300 once $0.5150 is reached to secure partial profits.
• Monitor price action closely near $0.5100 for signs of reversal.
Risk Management: Stick to the stop loss to limit risk in case of trend reversal.