ā½ļø $ACM / USDT ā Strong Rebound with Breakout Potential! šš„
$ACM / USDT has staged a powerful move on the 4H chart, currently trading at $1.026, up +14.64% in the last 24 hours. The price surged from the 24H low of $0.878 to touch a high of $1.150, signaling a bullish breakout from recent consolidation.
After several mixed candles and a local downtrend, today's sharp green candle suggests a potential trend reversal. Volume is also on the rise (5.17M ACM traded), adding confirmation to this upward momentum.
š Technical Breakdown:
Immediate Resistance: $1.15 (24H high & key breakout level)
Support Zone: $0.95 ā $0.90
Structure: Bullish engulfing candle with long wick rejection to the upside ā traders should watch for follow-through.
š Recent Performance:
7 Days: +24.18%
30 Days: +32.04%
90 Days: +23.88%
1 Year: Still down -32.32%, but momentum is building.
šÆ If ACM holds above the $1.00 psychological level, further upside toward $1.20ā$1.25 could be on the cards. However, failure to sustain above $1.00 may trigger a retest of the $0.90 support.
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