ACE/USDT: A Potential Breakout on the Horizon
ACE/USDT is currently testing the upper boundary of a descending channel, suggesting a potential reversal. A decisive break above the $2.50 resistance level could signal a bullish trend.
Key Levels to Watch:
* Resistance: $2.40-$2.50
* Next Resistance: $3.40-$3.66
Trading Strategy:
Consider initiating a long position after a daily candle closes above the $2.50 resistance. This could potentially lead to significant gains as the price breaks out of the downtrend channel.
Disclaimer:
This is not financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.#ACE $ACE