$ACX
š ACX/USDT ā Technical Analysis š
ACX is trading at 0.5751 USDT, sitting at a key inflection point. The market is showing signs of consolidation, with support at 0.5600 holding firm and resistance at 0.6000 capping upward movement. A breakout could lead to significant price action!
š¹ Support Levels:
0.5600: Critical support ā losing this could trigger a drop to 0.5400.
0.5400: A strong safety zone if selling pressure increases.
š¹ Resistance Levels:
0.6000 ā 0.6200: A breakout here could drive bullish momentum.
0.6500: Next major target if momentum builds.
šÆ Entry Strategy:
Long Setup: Look for long entries if price holds above 0.5600 or after a breakout past 0.6000.
Short Setup: Consider shorts if price rejects near 0.6000, targeting 0.5600 ā 0.5400.
š„ Breakout Alert: A close above 0.6200 could fuel a rally, while losing 0.5600 may open the door for further downside. Stay ready!
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