$ACM /USDT SHORT TRADE SETUP BEARISH REVERSAL AFTER SPIKE 💯 🔥

Market Structure: Price surged to 1.213 but faced immediate rejection, forming a long upper wick followed by consecutive red candles — signaling a potential short-term trend reversal.

ENTRY LEVEL:

Enter short between 1.125 – 1.135 on a weak bounce.

STOP LOSS:

Above 1.150 to protect against a sudden bullish recovery.

TARGET POINTS:

TP1: 1.095

TP2: 1.075

TP3: 1.055

TRADE ANALYSIS:

The rejection from 1.213 suggests profit-taking by buyers and a slowdown in upward momentum. With sellers stepping in and price struggling to hold above the mid-range, there’s a high chance of a corrective move towards lower supports.

Trade here on $ACM