$ACM /USDT – Momentum Cools After Surge: Consolidation or Pullback Next?

Current Price: $1.029

24h High/Low: $1.198 / $0.904

Change (24h): +12.46%

StochRSI: 4.81 | 4.54 – Oversold zone

Volume: Moderate, cooling off from spike

Trend: Short-term consolidation after parabolic move

$ACM spiked from $0.91 to $1.198 in an explosive move, but the rally quickly lost steam, with price drifting back toward the $1.00 zone. Despite the 12% daily gain, the current price action shows signs of fatigue, with sideways candles forming and StochRSI flatlining near oversold – a sign of indecision.

Key Levels:

Immediate Support: $1.00 psychological zone

Major Support: $0.95

Resistance: $1.07 (minor), $1.15 (key breakout barrier)

Trade Setup Insight:

If $ACM holds the $1.00 support zone and shows strength on lower timeframes, a bounce toward $1.07–$1.10 is possible. But if momentum fades further, a drop toward $0.95 may follow. Volume needs to pick up again to support another leg up.

Strategy: Watch for a breakout or breakdown from the tight range. Momentum traders may want to wait for confirmation above $1.07 or a retest of $0.95 for entries.

Bias: Neutral-to-bearish short-term unless volume returns.