$ACX /USDT
๐ ACX/USDT Trade Setup โ Short-Term Strategy
๐ Current Snapshot:
Price: $0.1322
24H High: $0.1398
24H Low: $0.1307
Volume: Decent (8.53M ACX / 1.15M USDT)
Market Action: Slight downtrend, near support
โ Bullish Setup โ Support Bounce or Breakout
Scenario 1: Support Bounce
Entry: $0.1310โ0.1320 (current zone)
Stop-Loss: Below $0.1300 (recent low)
Targets:
TP1: $0.1350
TP2: $0.1375
TP3: $0.1395 (24H high retest)
Scenario 2: Breakout Above Resistance
Entry: $0.1405 (on breakout above 24H high + confirmation)
Stop-Loss: $0.1375
Targets:
TP1: $0.1450
TP2: $0.1500
โ Bearish Setup โ Breakdown Play
Entry: Below $0.1300 (if candle closes below with volume)
Stop-Loss: $0.1325
Targets:
TP1: $0.1250
TP2: $0.1200
๐ ๏ธ Key Technical Notes:
SMA Volume shows declining interest โ wait for volume spike on breakout/breakdown.
If price continues consolidating between $0.130โ$0.138, avoid entering prematurely.
Bullish confirmation requires candle close above $0.1385 on strong volume.
๐ง Trade Management Tips:
Set limit orders, not market orders, in a low-liquidity zone.
Use trailing stops if price moves toward $0.14+.
Watch for Bitcoin's movement โ ACX may correlate with overall market sentiment.