$ACA $ACA $ACA ACA/USDT Trading Strategy
Key Levels
Immediate Resistance (Target 1): $0.0848Secondary Resistance (Target 2): $0.0864Immediate Support (Stop Loss): $0.0752Critical Support: $0.0642Extended Support: $0.0591
Trading Plan
Entry Zone: $0.0800 to $0.0830Look for a bounce near $0.0800 with consolidation to confirm strength.Targets:Target 1: $0.0848 (24h high)Target 2: $0.0864 (extended breakout level)Extended Target: $0.0900 (if momentum continues)Stop Loss:Tight stop: $0.0752 for short-term trades.Wider stop: $0.0642 for swing trades.
Risk Management
Leverage: Use moderate leverage (e.g., 3x–5x) to limit risks.Risk-to-Reward Ratio: Ensure at least 1:2 ratio for profitability.
Market Analysis
Momentum: ACA is up 41.08% with strong DeFi sector interest.Volume: 24-hour volume is significant (586.21M ACA, 43.08M USDT) showing strong participation.
A breakout above $0.0864 could lead to further upside, while a breakdown below $0.0752 may signal a retracement toward $0.0642 or $0.0591.
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