$ACM 's price decreased by 1.152% in the last 24 hours, oscillating between 0.788 and 0.756.
Currently, it hovers near the lower Bollinger Band at 0.7596, indicating potential oversold conditions.
However, it remains below key resistance at 0.782, limiting upward momentum.
Volatility appears to be contracting, suggesting a possible consolidation phase ahead.
Traders should consider a stop-loss around 0.756 to manage risks.
Recommended action: wait for confirmation of a bounce at the lower band or a break above resistance before entering a position.
