$ACE /USDT has been experiencing a strong upward trend on the 4-hour chart, with the price steadily climbing from the support level of 1.803. The current price is around 2.221, indicating a potential bullish continuation.
Entry:
* Long: Consider a long position at the current price of 2.221.
Resistance & Support:
* Resistance: 2.285
* Support: 1.803
Take-Profit Targets:
* TP1: 2.310
* TP2: 2.430
* TP3: 2.550
Stop Loss:
* SL: 1.956
Caution:
* Traders should exercise caution as the RSI (6) is currently at 74.206, indicating overbought conditions. It's important to monitor for potential pullbacks or consolidation before entering new positions.
* Keep an eye on the price action around the resistance level of 2.285. A break above this level could signal further upside potential.
