🚨 $ACX/USDT Trading Signal 🚨

$ACX

$0.5545

-1.95%

💡 Signal Type: Bearish Correction

📊 Timeframe: 4H Chart $ACX

🔑 Key Levels to Watch:

Support: $0.540 – A bounce from this level could indicate a potential reversal.

Resistance: $0.570 – A breakout above this level may shift the trend upwards.

🎯 Trade Setup:

Entry Zone: $0.5550 - $0.5600

Take Profit Levels (TP):

1️⃣ TP1: $0.530 (-4.43%)

2️⃣ TP2: $0.500 (-9.86%)

Stop Loss (SL): $0.580 (+4.64%)

📝 Market Insight:

$ACX is experiencing a minor pullback after a strong rally. Price action is approaching key support at $0.540, where a bounce could signal a short-term recovery. However, if the support fails, further downside could unfold. Watch for confirmation at key levels to confirm entry.

💡 Strategy Recommendation:

Enter a short position around $0.5550 to $0.5600.

Set targets at TP1 and TP2, adjusting stop-loss for risk management.

📢 Note: A strong breakout above $0.570 could invalidate the bearish trend. Keep an eye on price action for further signals.