ACM Chart Analysis:
Short-Term Upswing
Key Observations:
* Current Price: $0.773, showing a +2.38% increase.
* 24h Range: High of $0.779 and a low of $0.751. The price is currently near its 24-hour high.
* Moving Averages (1h): The price has crossed above MA(7) ($0.768), MA(25) ($0.762), and MA(99) ($0.754), indicating a recent bullish shift.
* Volume: There's a noticeable increase in buying volume coinciding with the price rise, particularly in the recent green candles.
Outlook:
ACM is showing a positive short-term trend, breaking above key moving averages with supportive volume. If this momentum continues, we could see a test of higher resistance levels. Traders should monitor volume and price action closely.