$ACX

/USDT: Heavy Drop - Is It Time to Catch the Falling Knife 🔥📈📊

Current Price: 0.7186 USDT (-14.24% in 24h)

Momentum: Bearish

Trade Strategy

Bullish Setup:

Buy: Around 0.7000

Targets:

🎯 0.7400 (Short-term resistance)

🎯 0.7800 (Next key resistance zone)

Stop-Loss: Below 0.6900

Bearish Setup:

Short: If price breaks below 0.6900

Targets:

🎯 0.6700

🎯 0.6500

Stop-Loss: Above 0.7400

Watch Out:

RSI: Keep an eye on the RSI, as oversold conditions (<30) could signal a possible reversal point.

MACD: Watch for further negative momentum if MACD stays below the zero line.

Possibility 1: Bullish Reversal

ACX could find support near 0.7000, and if buying pressure picks up, it might bounce back to 0.7400 and potentially 0.7800.

Possibility 2: Further Decline

If 0.6900 fails to hold, expect further downside toward 0.6700 or even 0.6500.

Stay cautious and be ready to adjust as the market unfolds!

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