🔄 $ACX /USDT – Steady Recovery or Resistance Reversal? 📉📈
$ACX is trading at $0.2388, slightly down -0.50% over the past 24 hours. After bouncing from recent lows, it's now pushing into short-term resistance levels. Is momentum strong enough to break higher? Let's assess. 🧐
📊 Market Overview
📍 Current Price: $0.2388
📈 24h High: $0.2467
❄️ 24h Low: $0.2308
🔁 Volume:
ACX: 6.47M
USDT: 1.54M
📉 Moving Averages:
MA(7): $0.2375
MA(25): $0.2379
MA(99): $0.2421
📊 RSI (6): 60.10 (Momentum picking up, nearing overbought zone)
📉 MACD: Neutral but leaning bullish with price reclaiming short MAs
📈 ACX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If ACX breaks and holds above $0.2460–$0.2480 zone):
Entry: Above $0.2480
Targets: $0.2530, $0.2580, $0.2610
Stop-Loss: $0.2360
🔹 Bearish Scenario (If price gets rejected below $0.2460 and slips under $0.2350):
Entry: Below $0.2350
Targets: $0.2300, $0.2250, $0.2140
Stop-Loss: $0.2420
🧠 Analysis & Insights
✅ Trading above MA(7) and MA(25) = short-term support regained
✅ RSI at 60 = healthy strength but watch for rejection near MA(99)
⚠️ MA(99) at $0.2421 = heavy resistance if momentum stalls
💬 Quick Take:
Momentum looks decent but $0.242–0.246 remains a decision zone. Breakout above could trigger bullish continuation. Rejection there = time to stay cautious.
📌 Watching for volume confirmation before entering.
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