📉 $ACA /USDT – Testing Key Support, Reversal Setup Ahead?
Acala (ACA) is currently trading at $0.0268, holding just above the critical support zone at $0.0266 after a mild -1.83% dip. Despite the short-term pressure, the 4H chart shows a bullish divergence forming, with the price approaching its 99 MA at $0.0270.
🔸 Moving Averages Analysis
• MA(7): 0.0271 (Resistance)
• MA(25): 0.0274 (Minor Barrier)
• MA(99): 0.0270 (Pivot Level)
If bulls defend this level, a bounce toward $0.0276–0.0279 is likely. A breakout above $0.0280 could confirm bullish momentum.
🧠 Trade Setup:
• Entry: $0.0268
• Stop-Loss: $0.0263 (below key support)
• Take-Profit Targets:
◦ TP1: $0.0276
◦ TP2: $0.0284
◦ TP3: $0.0295
📊 Volume Insight: ACA sees strong activity with 32.33M tokens traded, signaling interest is building.