$ACA
/USDT Technical Analysis and Trade Strategy🚀📈
Current Price: $0.1232
24h Change: +18.69%
24h High/Low: $0.1260 / $0.1015
Technical Indicators:
1. Support Levels:
S1: $0.1100 (recent pullback)
S2: $0.1015 (24h low)
2. Resistance Levels:
R1: $0.1260 (current 24h high)
R2: $0.1350
R3: $0.1450
3. Key Indicators:
Bollinger Bands: Price is near the upper band, indicating strong upward pressure.
SAR (Stop and Reverse): Bullish trend confirmed with SAR dots below the price.
MACD: Bullish crossover, indicating momentum is still strong.
🎯 Trade Strategy
Trade Setup:
Entry Zone: $0.1100–$0.1150 (on pullbacks)
Stop Loss: $0.0990 (below key support)
Risk/Reward Ratio: 1:3
Target Keys 🎯:
1. 🎯 Target 1: $0.1260 (Short-term resistance)
2. 🎯 Target 2: $0.1350 (Next major resistance)
3. 🎯 Target 3: $0.1450 (Potential breakout level)
Trade Execution Plan:
1. Buy Entry: Place orders between $0.1100–$0.1150.
2. Take Profit: Scale out profits at each target level:
30% at $0.1260
40% at $0.1350
30% at $0.1450
3. Stop Loss: Exit if the price drops below $0.0990.
Risk Management Tip:
Consider adjusting stop loss to breakeven after hitting 🎯 Target 1 to protect capital.
If the price sustains above $0.1260, momentum could push towards higher targets.