$ACM /USDT Trading Setups

Bullish Setup

1. Entry Zone: $1.62 - $1.63 (current support levels after a small consolidation).

2. Targets:

Target 1: $1.65 (recent high).

Target 2: $1.68 (breakout level if momentum continues).

Target 3: $1.72 (extended bullish target).

3. Stop Loss: $1.60 (below recent lows to minimize risk).

Observation:

Price is attempting to hold above $1.63 with moderate buying pressure. Watch for a breakout above $1.65 with increased volume for confirmation.

Bearish Setup

1. Entry Zone: $1.64 - $1.65 (if the price fails to sustain above resistance).

2. Targets:

Target 1: $1.60 (first support level).

Target 2: $1.57 (24h low, key support).

Target 3: $1.53 (extended bearish target if selling pressure increases).

3. Stop Loss: $1.67 (above breakout level to limit losses).

Observation:

Bearish divergence on shorter timeframes could signal a pullback. Confirmation required with a breakdown below $1.62.

Risk Management:

Position sizing should align with risk tolerance.

Use trailing stops to secure profits if a trend emerges.