$ACE
: Increasing momentum of price breakout!
The price of $ACE is forming higher lows and pressing against the resistance level of $0.664 on the hourly chart. The structure remains bullish with increasing momentum, and a breakout above the resistance level could lead to a rapid rise.
Entry area: 0.630 - 0.643
First profit target: 0.665
Second profit target: 0.690
Stop loss: 0.610
Time frame: One hour
Market overview: A return of the price above the level of 0.664 with high trading volume will confirm the bullish trend dominance, focusing on the level of 0.690 if the breakout continues.
