🚀 $ACA

- Is it gaining momentum in decentralized finance, is a breakout expected? 🐎

🔹 Entry range: $0.0275-$0.0280

🎯 Targets:

First profit target: $0.0290 (highest price in 24 hours)

Second profit target: $0.0322

Third profit target: $0.0361

🛡️ Stop loss: below $0.0263

🟢 Why buy?

ACA shows early signs of strength, currently trading at $0.0278 (+5.30%), after bouncing back from a daily low of $0.0263. With increased trading volume ($4.31 million) and the price attempting to regain its exponential moving average (7) at $0.0281, bullish speculators may be ready to attack.

The resistance level at $0.0290 is critical - breaking it opens the way towards $0.0322, confirming momentum reversal.

📊 Technical setup:

Short-term bullish trend

The exponential moving average (7) is turning into a pivot level

The relative strength index (RSI) indicates hidden bullish divergence

⚠️ Risk advice:

Rejection near $0.0290 or the exponential moving average (25) at $0.0297 may lead ACA back to the support area at $0.0263. Manage risk using tight stop-loss orders.

Trading plan:

Early sell: Buy on dips between $0.0275 and $0.0280

Sell on breakout