🚀 ACX/USDT Price Analysis – December 7
The $ACX price chart shows promising signs of a potential upward trend. Let’s break it down:
📊 Key Indicators:
1️⃣ MA (Moving Averages):
• The short-term MA (7) is slightly above the current price, indicating the possibility of support forming soon.
• The MA (25) and MA (10) are converging, which could signal bullish momentum ahead.
2️⃣ MACD:
• The MACD line is crossing above the signal line, a classic bullish signal ✅. This suggests growing positive momentum in the short term.
3️⃣ Volume Spike:
• The recent trading volume indicates increased activity, which often precedes significant price movements.
💡 Potential Setup:
If the price holds above $0.99 and breaks resistance around $1.01 (MA 7), we could see a surge toward $1.10 and beyond.
⚠️ Keep an Eye On:
• Breakout confirmation above $1.01.
• Support level around $0.90 to manage risk.
🔥 Bullish Momentum Ahead?
With growing volume and key indicators aligning, ACX may be gearing up for its next leg up. Always trade carefully and DYOR (Do Your Own Research).