📊 Complete Technical Analysis for Pair / (ACM/USDT)
Time Frame: Daily (1D)
Date: May 4, 2025
Platform: Binance
Tool Used: LuxAlgo – Smart Money Concepts + Fibonacci Retracement
🧭 General Trend
The overall trend for the pair has been strongly bearish since the peak around $3.40.
The price moved from the $3.40 area to the current low near $0.80 with a drop of more than 75%.
Currently showing a potential reversal from a Weak Low at $0.80.
🔑 Key Technical Levels
Fibonacci Levels:
23.6% Fib: $1.12
38.2% Fib: $1.38
50% Fib: $1.59
61.8% Fib: $1.82
78.6% Fib: $2.16
100% Fib: $2.40
Supply Areas (Resistance):
$1.10 – $1.20: The first strong resistance at 23.6% Fib, with previous CHoCH and BOS.
$1.35 – $1.60: Double Resistance Zone at 38.2% and 50% Fib.
$1.80 – $2.20: A historically congested supply area filled with hanging liquidity (Sell-side Liquidity).
Demand Areas (Support):
$0.80 – $0.87: A strong demand area from which BOS was formed, now considered a pivot point for upward reversal.
$0.60: Distant support representing the last hope if breaking $0.80.
📊 Momentum and Current Movements
A bullish BOS (Break of Structure) recently appeared above $0.86.
Momentum has started to gradually shift in favor of buyers but remains fragile and needs to break levels of $1.00 and $1.10 to confirm the rise.
The price is currently trading near $0.87.
🧠 Smart Money Movements and Market Makers
Lower liquidity was hunted below $0.80 with the formation of a Weak Low, indicating intention to raise the price.
The formation of BOS and CHoCH at nearby levels indicates the beginning of an accumulation phase.
✅ Trading Scenarios
📈 Bullish Scenario:
Safe Entry: After breaking $1.00, with confirmation from a bullish candle.
Targets:
Target 1: $1.12 (23.6%)
Target 2: $1.38 (38.2%)
Target 3: $1.59 (50%)
Stop Loss: Below $0.82
📉 Bearish Scenario:
Enter if breaking $1.00 – $1.10 fails, especially with price rejection candles.
Target: Return to $0.80, then $0.60 in case of a break.
Stop Loss: Above $1.15
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