ACE/USDT has recently made a significant move, breaking out of a downtrend channel and retesting the broken resistance line. This bullish development suggests that the price may be poised for a potential upward move.

Key Takeaways:

Breakout Confirmation: The retest of the resistance line can solidify the breakout and increase the probability of a bullish trend.

Support Level: The $2.40-$2.50 range serves as a crucial support level, providing potential downside protection.

Resistance Target: The $3.40-$3.66 range is a key resistance area that could act as a price target for the bullish move.$ACE