$ACA
Trend Setup:
The coin has shown a strong bullish breakout from the 0.0274 support zone, with a massive green impulse candle taking it to a 24h high of 0.0379. This move indicates heavy buying volume and momentum, but such sharp spikes are often followed by a short pullback before the next leg up.
Trade Plan (Bullish Bias – Momentum Play):
Ideal Entry: 0.0350–0.0355 (buy on pullback toward minor support after breakout)
Stop Loss: 0.0335 (below recent breakout zone to protect from deeper correction)
Targets:
Target 1: 0.0375 (recent high retest)
Target 2: 0.0395 (next resistance zone)
Risk-Reward: Around 1:2 if entering near 0.0350 and targeting 0.0395.
Price Action / Pattern Logic:
Strong breakout with high volume signals bullish continuation potential.
Likely a “flag” or “bullish continuation” setup if price consolidates above 0.0345 before another push.
Watch for smaller candles and reduced selling volume after the spike — this is a sign buyers are still in control.
Probability of Profit:
Medium-High (65%) if BTC remains stable or bullish.
Main risk: Overextended spike could cause a deeper retracement before any further rally.