$ACM /USDT: Momentum Builds at $1.653 (+3.96%) – Testing Multi-Session Highs!
AC Milan Fan Token ($ACM) is trading at $1.653, up +3.96%, after bouncing from a low of $1.581. The token reached a high of $1.659, showing clear signs of bullish interest as it tests resistance levels.
Key Levels to Watch:
Resistance: $1.659 – A breakout here could open the door for further gains toward $1.680 and beyond.
Support: $1.616 – Holding above this level will help sustain the upward momentum.
Market Observations:
$ACM has been forming higher lows, suggesting an ongoing recovery with strong bullish sentiment.
Trading volumes have increased, reflecting renewed interest in the token as it approaches critical resistance.
Potential Scenarios:
Bullish Continuation: Breaking above $1.659 could propel ACM toward $1.680, with $1.700 as the next target.
Bearish Pullback: A rejection at $1.659 may lead to consolidation near $1.616 or a deeper pullback toward $1.580.
Traders should watch for breakout confirmation and volume trends at key levels. Will the bulls take $ACM higher, or will it consolidate before another attempt?