๐ $ACA /USDT โ Gaining DeFi Momentum, Breakout Brewing? ๐
๐น Entry Range: $0.0275โ$0.0280
๐ฏ Targets:
TP1: $0.0290 (24h High)
TP2: $0.0322
TP3: $0.0361
๐ก๏ธ Stop Loss: Below $0.0263
๐ข Why Long?
ACA is showing early signs of strength, currently trading at $0.0278 (+5.30%), after bouncing from the daily low of $0.0263. With rising volume ($4.31M USDT) and price attempting to reclaim EMA(7) at $0.0281, bulls may be ready to charge.
The resistance at $0.0290 is critical โ a break above opens up the path to $0.0322, which would confirm momentum reversal.
๐ Technical Setup:
Short-term trend turning bullish
EMA(7) becoming a pivot level
RSI hinting at hidden bullish divergence
โ ๏ธ Risk Tip:
Rejection near $0.0290 or EMA(25) at $0.0297 could pull ACA back to the $0.0263 support zone. Manage risk with tight stop-losses.
๐ง Trade Plan:
Early Long: Buy dips around $0.0275โ$0.0280
Breakout Play: Confirm breakout above $0.0290 before entering for $0.0322+
Short Opportunity: Only if strong rejection occurs at $0.0297 resistance
๐ DeFi names are heating up again โ ACA could surprise if momentum builds. Keep your eyes on the breakout!