Coin Name: $ACE
Position: LONG
Entry Price: 0.590
On the 4-hour timeframe, ACE is trading within an ascending channel. After recently testing the upper trendline, it's now moving toward the lower trendline for a potential retest. RSI is currently holding in the demand zone, indicating possible buyer interest. If a bullish divergence forms or a strong reversal signal appears, it may present a good long opportunity—provided proper risk management is applied and positions are taken at your own discretion.
On the daily timeframe, an inverse head and shoulders pattern has formed on OTHERS, and the price has already broken above the neckline resistance. Currently, it appears to be pulling back for a potential retest. If OTHERS bounces from the 0.618 or 0.786 Fibonacci retracement levels, it could signal renewed strength—potentially triggering a strong move in mid-cap and low-cap altcoins.
On the weekly timeframe, ACE shows significant liquidity buildup on both the upside and downside. Given the current structure, a move to the downside may occur first to sweep lower liquidity, followed by a potential reversal targeting the liquidity above.
Leverage: 3X
Targets:
1st TP 0.64
2nd TP 0.75
3rd TP 0.80
4th TP 0.85
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$ACE
