$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

  1. Entry Zone: $0.0800 to $0.0830

    • Look for a bounce near $0.0800 with consolidation to confirm strength.

  2. Targets:

    • Target 1: $0.0848 (24h high)

    • Target 2: $0.0864 (extended breakout level)

    • Extended Target: $0.0900 (if momentum continues)

  3. 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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