$ACA

/USDT Technical Analysis & Trade Signal

Current Price: $0.1158

24h Change: +14.65%

Key Technical Indicators:

RSI (Relative Strength Index): Bullish, currently above 50, indicating upward momentum.

MACD (Moving Average Convergence Divergence): Positive crossover, suggesting continuation of bullish trend.

Support Level: $0.0992 (24h low), a solid support if the price retraces.

Resistance Level: $0.1180 (24h high), immediate resistance.

Trade Signal:

Buy Signal: Strong momentum upwards, with a positive price action and indicators favoring the bulls.

Target Levels:

1. First Target (T1): $0.1180

2. Second Target (T2): $0.1200

3. Third Target (T3): $0.1250

Stop Loss: Below $0.0992, near the support level, to minimize risk if the trend reverses.

Trade Momentum:

Bullish Momentum: The price is trending upward with a strong 14.65% increase in the last 24 hours. The positive RSI and MACD support further upward movement.

Volume: High 24-hour trading volume indicates strong interest in the ACA/USDT pair, reinforcing the bullish trend.

Recommendation: Enter a long position near the current price with targets at $0.1180, $0.1200, and $0.1250. Use a stop loss below $0.0992 to manage risk.

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