$ACE

🔍 Structure & Price Action

✅ Multiple Breaks of Structure (BoS) to the upside — clear bullish momentum.

✅ CHoCH confirmed bullish reversal.

🟦 Price broke out of recent range, retested previous resistance as support (bullish retest).

🔴 Now entering red supply zone (strong resistance from recent highs).

⚖️ Current Bias: Cautious Long / Scalper's Short
🟢 LONG Setup (Safer Entry on Pullback):

Wait for retest of breakout zone near $0.665–0.670.

Entry: $0.667–0.670

SL: Below $0.658 (breaks trendline + structure)

TPs:

TP1: $0.685 (supply zone top)

TP2: $0.698 (clean liquidity above previous highs)

🔻 SHORT (Scalp Only / Risky):

If price shows rejection or double top inside red zone (~$0.68–$0.70).

Needs clear bearish engulfing + RSI divergence to confirm.

Only for aggressive traders with tight stop losses.

🧠 RSI & Confluence:

RSI ~63 — nearing overbought but not yet divergent.

Volume and reaction at red zone will dictate next leg.

⚠️ Summary:

🚦 Bullish structure is in play.

🟩 Ideal play: wait for a dip to retest support around $0.667 for a safer long.

🛑 Avoid chasing high inside supply — unless break and close above $0.70 confirms continuation.