šØ ACX ALERT: Breakout Potential ā Key Levels to Watch! šØ
ACX is trading at 1.0327, up by 5.29%, reflecting bullish momentum as it approaches critical levels. The market is primed for a potential breakout or retracement.
Critical Levels to Monitor:
1. Resistance Level 1: 1.060 ā A breakout above this level could drive ACX toward Target 1.
2. Target 1: 1.100 ā Sustained buying pressure might push the price toward Target 2.
3. Target 2: 1.140 ā This key resistance zone could signal strong profit-taking activity.
Support Zone:
Critical Support: 1.000 ā A drop below this level could see ACX revisiting 0.960, signaling potential bearish momentum.
Trade Setup:
Bullish Entry: Above 1.060, targeting 1.100 and 1.140.
Bearish Scenario: Below 1.000, with potential downside to 0.960.