$ACE /USDT showing signs of cooling off after recent volatility
Price sits at 0.237 USDT, down 2.07% on the day
Intraday range: High 0.251 – Low 0.232
Volume dipped to 1.58M ACE, suggesting waning momentum
Demand seems to be fading after rejection near 0.38 zone
Short-term traders likely booking profits, causing pressure
Key levels to watch:
Support: 0.221 – previous bounce zone
Resistance: 0.251 – intraday high and recent ceiling
Trend leans bearish for now, with lower highs forming and volume declining
Trade Idea:
If price breaks below 0.221 with volume, expect further downside toward 0.20
If it reclaims 0.251 and holds, could retest 0.28 with momentum
Main takeaway: ACE needs fresh volume to reverse the current downtrend
I can also chart potential breakout zones or overlay indicators like RSI and MACD for deeper analysis.
