$ACM /USDT Market Insight – Testing Key Support After Sharp Pullback
$ACM has come under selling pressure, dropping from its 24h high of $1.238 to the current price of $1.085, a decline of nearly 10%. The price recently touched the $1.068 support zone, which buyers are now attempting to defend.
Despite the drop, trading volume remains strong at 8.14M ACM and $9.33M USDT, indicating active participation and potential for quick reversals if sentiment shifts.
If buyers manage to hold above $1.068, ACM could attempt a rebound toward the $1.120–$1.150 range. However, a sustained move below $1.068 could open the door to deeper declines toward $1.040 or lower.
Key Levels to Watch:
Immediate Resistance: $1.120
Rebound Target 1: $1.150
Rebound Target 2: $1.200
Support Zone: $1.068 – $1.040
Conclusion:
The short-term outlook depends on the $1.068 support holding firm. A break and hold above $1.120 with strong volume could shift momentum back in favor of the bulls, potentially setting up a push toward $1.200.
